EU to Launch Excessive Deficit Procedure Against Bulgaria, Sanctions Possible - Novinite.com - Sofia News Agency

At the opening of a Council of Ministers meeting, Prime Minister Rumen Radev announced that the European Commission is expected to initiate an excessive deficit procedure against Bulgaria, citing budget figures that exceed the EU’s 3% threshold. He said the formal report is scheduled for June 3 and warned that it could place the country under closer monitoring and potential sanctions.

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