Under EU rules, the public deficit must not be above 3% of GDP
More and more EU countries are being thrown in the public spending sin bin over their mushrooming deficits, with Bulgaria expected to be added on Wednesday.
The European Union’s secondand third-biggest economies, France and Italy, have already been handed formal reprimands alongside eight other member states.
The EU executive will publish its views on Wednesday on each country’s public spending and issue warnings where necessary.
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