European Regulations DOUE Importance: 2/10

EU declares that Bulgaria has excessive public deficit

01 Sep 2026 Effective: 10 Jul 2026 60 views
Who is affected:
Bulgaria as an EU Member State and companies with activities in that country

Summary

The EU Council has determined that Bulgaria exceeds the public deficit limit allowed by European rules. This requires the country to take fiscal adjustment measures.

Detailed analysis PRO

The EU Council has adopted a formal decision declaring the existence of an excessive deficit in Bulgaria, in accordance with Article 126 of the TFUE and the Stability and Growth Pact. This decision activates the Excessive Deficit Procedure (PDE), which requires Bulgaria to present a fiscal consolidation plan with concr…

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Full official title

CELEX:32026D1758: Decisión (UE) 2026/1758 del Consejo, de 10 de julio de 2026, sobre la existencia de un déficit excesivo en Bulgaria

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