Foreign investment could reach 8 billion euros in 2008

The foreign investment in Romania could reach 7.5-8 billion euros this year, said on May 12 in a press conference the Minister of Economy and Finance Varujan Vosganian.
"The foreign investment could go up 10 percent in 2008 as against 2007. The foreign investment could reach 7.6 or 8 billion euros in 2008," said the minister.
He said that the current account deficit has a lower share in GDP in 2008, compared to 2007.
"Until 2012, the current account deficit will have one figure. We managed to control the trade deficit in Q1 of the year," said Vosganian.
Exports in Q1 of the year advanced 13.5 percent, while imports grew 12.3 percent, according to the minister. In Q1 of 2007, exports had advanced 12.9 percent, and imports 33.2 percent as against the similar period of 2006.
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