Bulgaria Commits to 3% Budget Deficit in 2025, Finance Minister Confirms

Bulgaria's Deputy Prime Minister and Finance Minister, Lyudmila Petkova, confirmed that the draft budget for 2025 will target a deficit of no more than 3% of the country’s GDP. This assurance was made during a meeting with European Commissioner for Economy Paolo Gentiloni ahead of the Eurogroup meeting, according to a statement from the Ministry of Finance.

The discussion also covered the progress of Bulgaria's Recovery Plan, including the government’s proposed amendments and the specifics of the REPowerEU chapter.

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