Finance Minister: Bulgaria Not Alone as Several EU and Eurozone States Face Excessive Deficit Procedure

Business

Deputy Prime Minister and Finance Minister Galab Donev defended the government’s position on Bulgaria ’s public finances, arguing that the country’s placement under the European Union’s excessive deficit procedure should not be viewed as an extraordinary or alarming development. Responding to a question about whether repeated warnings regarding the state of the budget could discourage foreign investors, Donev rejected suggestions that the government was sending contradictory signals. He

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