Romania"s trade deficit expected to stabilise - Azi

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Kazakhstan this year climbed onto the 3rd position among the countries Romania registered a trade deficit with, a situation generated by the imports of crude oil worth almost 600m euros through KazMunaiGaz, the company that bought Rompetrol last year.

Romania"s trade deficit in the first quarter of this year followed a trend analysts see as positive, given exports" faster growth against imports. With a lower share in GDP, 20.6% in Q1, 2008, and a much smaller growth rate compared with last year...

Read the whole story in: Ziarul Financiar