The European Commission (EC) will launch an excessive deficit procedure against Bulgaria within days, Prime Minister Rumen Radev announced earlier on Friday
The European Commission (EC) is initiating an excessive deficit procedure against Bulgaria. Our country ended 2025 with a budget deficit that Brussels deems unacceptable
Bulgaria is not automatically at risk of an excessive deficit procedure, but faces a real risk of entering a corrective procedure if it fails to adhere to the set expenditure trajectory
Bulgaria ended 2025 with a deficit well outside the European rules on fiscal discipline, which require it to be no more than 3% of gross domestic product (GDP)
This week Prime Minister Andrey Gyurov’s caretaker government submitted its version of a draft law to extend the 2 025 state budget to the National Assembly
835 000 working Bulgarians who receive part of their salary in the form of food vouchers may be left without them
The Fiscal Council has issued harsh criticism regarding the implementation of the 2 025 state budget. In its position the advisory body – chaired by Simeon Djankov
Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected
The European Commission (EC) has transferred the third payment under Bulgaria’s National Recovery and Resilience Plan (NRRP)
The Ministry of Finance (MF) is preparing to take out another BGN 300 million loan. The auction, scheduled for November 17 (Monday), will be the 13th on the domestic market
Commercial banks have come to the aid of Finance Minister Temenuzhka Petkova in her attempt to “patch up” the growing budget deficit
The National Assembly approved the first update of this year's state budget, inflating the number of municipal projects in the investment program
The Bulgarian Development Bank (BDB) undoubtedly plays an important role in Finance Minister Temenuzhka Petkova's plans to keep the deficit within the 3% limit
The problem with the 2025 state budget and the significant revenue shortfall in the middle of the year is not so much the delay as the poor planning
The Sofia City Council (SCC) has finally approved Sofia's budget for 2025, ending weeks of drama marked by Mayor Terziev's veto and heated debates
