Bulgaria’s €3.8 Billion Debt Ceiling Has Been Approved
Mihaela Chircă
The parliamentary Budget and Finance Committee has approved the government’s proposal to raise the national debt ceiling to 3.8 billion euros. The measure passed with 13 votes in favor, three against, and five abstentions. During the discussion, Deputy Prime Minister and Finance Minister Galab Donev defended the proposal, linking the increase to upcoming obligations under already signed Recovery and Resilience Plan contracts, as well as the need to maintain liquidity and ensure access to
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