The European Commission (EC) will issue a new assessment under the excessive deficit procedure against Bulgaria in November
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)
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
Finance Minister Temenuzhka Petkova cited the law to explain why the ministry has not yet published preliminary information on budget implementation for May
The news was announced by Prime Minister Zhelyazkov during a joint briefing with EU Council President Antonio Costa
The pro-Kremlin party's idea is to redirect the 5 percent contribution for private pension companies to the National Social Security Institute
We have a methodology, and it will be acknowledged. And since our experts have worked according to this methodology, we believe that we have met the convergence criteria
Bulgaria's budget deficit reached 1.4 billion euros at the end of September after the financial "hole" grew by another 600 million euros last month
The Bulgarian budget deficit reached EUR 700 million, according to preliminary data by the country’s Ministry of Finance. This means that in the month of October alone
The budget deficit in September rose to BGN 780 million, according to preliminary data from the Finance Ministry. This means that in just one month
