News » January, 2011 » 14 January 2011
1.4bn euros' worth of foreign investments evaporate after data revision
14.01.2011, 00:07 | Finance-Banks | 796 views
Foreign direct investments in 2009 were around 1.4 billion euros lower than original calculations had shown, down 63% against the previous year, instead of the original 48% decline. The NBR (National Bank of Romania) has revised its statistical data on foreign direct investments, coming up with an overall 1.4 billion-euro decline against the original value that resulted from the monthly calculations of the central bank. Originally, the NBR had reported foreign direct investments worth 4.9 billion euros, down 48% against 2008, but the real decline was 63%, to 3.5 billion euros. Read more on ZF.ro
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