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ECOFIN allows Bulgaria and 14 other EU states to exceed the deficit limit for defence spending

The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...

09.07.25 09:44 |

Final vote on Bulgaria’s accession to the eurozone expected

During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..

08.07.25 07:40 |

Bulgaria's accession to the euro area was given the green light by ECOFIN

The ministers of economy and finance of the EU member states unanimously backed the Eurogroup's recommendation that Bulgaria should join the euro area on 1 January 2026, Polish Finance Minister Andrzej Domański announced, as reported by BNR correspondent..

20.06.25 17:38 |
Deputy Prime Minister and Finance Minister Lyudmila Petkova (C) with Bulgarian delegation at ECOFIN in Brusselsл

Bulgaria's euro preparations on track, Finance Minister tells ECOFIN Council

Deputy Prime Minister and Minister of Finance Lyudmila Petkova assured that the technical preparations for the introduction of the euro in Bulgaria are progressing well . She was attending the meeting of EU Finance and Economic Ministers - ECOFIN - in..

16.07.24 16:18 |
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