Banca Transilvania Sees Current Account Deficit Rising To 3.4% Of GDP In 2017, Highest Level Since 2012

09.14.2017 By Ecaterina Craciun

Banca Transilvania chief economist Andrei Radulescu on Thursday said he expects the deficit of the current account balance to rise to 3.4% of the GDP in 2017, the highest level since 2012, and the latest central bank data confirm a deterioration trend.



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