{"id":459559,"date":"2026-07-10T13:41:42","date_gmt":"2026-07-10T11:41:42","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/07\/10\/bulgaria-il-consiglio-ue-avvia-la-procedura-per-deficit-eccessivo\/"},"modified":"2026-07-10T15:28:07","modified_gmt":"2026-07-10T13:28:07","slug":"bulgaria-eu-council-opens-excessive-deficit-procedure","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/07\/10\/bulgaria-eu-council-opens-excessive-deficit-procedure\/","title":{"rendered":"Bulgaria: EU Council opens excessive deficit procedure"},"content":{"rendered":"<p>Brussels \u2013 It\u2019s now official: <strong>Bulgaria is subject to the excessive deficit procedure<\/strong>. The <a href=\"https:\/\/www.consilium.europa.eu\/en\/council-eu\/council-meetings-explained\/ecofin\/\" target=\"_blank\" rel=\"noopener\">Ecofin council<\/a> has adopted the <a href=\"https:\/\/www.eunews.it\/en\/2026\/06\/03\/bulgaria-excessive-deficit-procedure-launched-six-months-after-euro-adoption\/\" target=\"_blank\" rel=\"noopener\">Commission&#8217;s request<\/a> to open&nbsp;<a href=\"https:\/\/www.consilium.europa.eu\/en\/policies\/excessive-deficit-procedure\/\" target=\"_blank\" rel=\"noopener\">a forced course of action to correct imbalances<\/a>, with the recommendation to <strong>bring the deficit-to-GDP ratio below the 3 per cent threshold by 2029<\/strong>. <span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">The decision by the Ministers for Economy and Finance to initiate the procedure against Bulgaria is due to the deficit exceeding the 3 per cent threshold in 2026 (-4.1 per cent) and in 2027 (-4.3 per cent). \u201cBulgaria\u2019s use of the national escape clause for defence spending under the Stability and Growth Pact does not fully explain the excess above the 3% threshold,\u201d&nbsp;the Council said, which is obliging the country to undertake a rapid correction of its public finances.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministers for the Economy and Finance have endorsed the Commission\u2019s request regarding the breach of the 3 per cent threshold.<\/p>\n","protected":false},"author":494,"featured_media":455498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25774],"tags":[26929,25742,25828,27866,25740],"class_list":["post-459559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-brief","tag-inbulgaria","tag-deficit-en-2","tag-eurozone-en","tag-procedure-deficit-excessive-en","tag-accounts-public-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/459559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=459559"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/459559\/revisions"}],"predecessor-version":[{"id":459560,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/459559\/revisions\/459560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/455498"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=459559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=459559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=459559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}