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The European Commission Questions Bulgaria's 2027 Budget

📍 Bulgaria, BG·🕐 46m ago·2 outlets

The European Commission has asked Bulgaria to explain how its 2027 budget plans will comply with EU fiscal rules after its calculations showed that government net expenditure is expected to exceed recommended growth limits cumulatively, according to an official letter from Maarten Verwey, Director-General for Economic and Financial Affairs at the European Commission, to Deputy Finance Minister Metodi Metodiev. The letter, dated October 26, 2026, was published on the European Commission's official website together with Bulgaria's reply, dated November 2. Verwey said calculations by European…

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Reliability
85%

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