Bulgaria Prepares Budget with 3% Deficit to Meet Eurozone Criteria

The Bulgarian Ministry of Finance is working on a budget with a deficit of up to 3% on an accrued basis, confirmed Deputy Minister Martin Danovski. This figure aligns with the Maastricht Treaty criteria, which is essential for Bulgaria's entry into the Eurozone.

When asked by BNR about the clarity on the main financial parameters for next year, such as the debt size, deficit, economic growth, and expected inflation, Danovski stated that the focus is on maintaining these key indicators. The Ministry is making efforts to ensure compliance with the parameters necessary for Eurozone membership.

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