European Commission questions Bulgaria’s 2027 budget plan
The European Commission has asked Bulgaria to explain how its draft budget for 2027 will comply with EU fiscal rules. The Commission’s Directorate-General for Economic and Financial Affairs set out its questions in a letter to Bulgaria’s Finance Ministry, BGNES reported. The letter, dated 26 October, was published on the Commission’s website alongside Bulgaria’s reply of 2 November. Based on the draft budget, the Commission projects that Bulgaria’s net expenditure will rise by 10.1% in 2026, above the 4.2% ceiling recommended by the Council of the EU. For 2027, it projects growth of 1.3%…
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