Romania - Factors to Watch on May 16

BUCHAREST, May 16 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Friday.

ROMANIAN C/A DEFICIT 11 PCT UP Y/Y IN Q1

Romania's current account deficit widened by 11 percent year-on-year to 3.5 billion euros ($5.43 billion) in the first quarter of this year, the central bank said on Thursday.

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AUCHAN TO EXPAND STORE CHAIN IN ROMANIA

French retails giant Auchan will invest roughly 80 million euros to open two new units in Romania this year, and plans to open eight more in 2009.

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