According to National Statistics Institute, in 2007 Romania’s trade deficit deepened to more than 21.5 billion euro, this means 44.3% increase compared to 2006. During this period, the total value of exports grew by 13.7%, while imports increased with 24.9%.

One of the reasons seems to be the goods temporarily introduced in duty frees and customs and also the introduction of the general commercial system for intra-communitarian goods (Intrastat). In this systems the goods are registered only at the moment when they pass the frontier, and not when they circulate within the free area, as before in the Extrastat National Statistics Institutecommercial system.

The European Comission reacted promplty, criticizing the Romanian government’s budget strategy and gave us some recommendations. Which will problably not be followed, since we have an election year ahead of us.

Speaking of Tony Blair’s wish to become the first EC President. During his recent visit in Bucharest, the French president Sarkozy, a good friend of Mr. Blair (and of Ghadafi) did also obtain (besides Romanian soldiers ) a promise from Traian Basescu that Romania might support Tony Blair. Of course he promised … In spite of his declarations, our president doesn’t care what Romanians really want. He never did. After all he is not our first president who thinks he knows everything, that he is the only one who can decide on absolute every matter, in short he’s a genius. I wonder if he will end up like the previous genius. He already talks about himself as he is some kind of Messiah … yeah, I’m fed up of constant noise he’s making.