excessive budget deficit (4)

Public Finances 27.4.2026 Author: Simona Gotsova

“A Difficult Question”: The 2026 Budget Will Be Crucial for Bulgaria’s Fiscal Future

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

Public Finances 22.4.2026 Author: Simona Gotsova

Eurostat has confirmed: Bulgaria has exceeded the permitted budget deficit for 2025

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)

EU Money 29.12.2025 Author: Simona Gotsova

Bulgaria patches up budget deficit with €1.47 billion from Brussels

The European Commission (EC) has transferred the third payment under Bulgaria’s National Recovery and Resilience Plan (NRRP)

Public Finances 01.9.2025 Author: Georgi Zhelyazkov

Djankov: Tax increases are inevitable – VAT is the best option

Tax increases in Bulgaria are inevitable, according to Simeon Djankov, chairman of the Fiscal Council