Balgarianovinite.com The Bulgarian government’s measures and actions regarding the upcoming fiscal consolidation were discussed at a meeting between Bulgaria’s Deputy Prime Minister and Minister of Finance, Galab Donev, and the European Commissioner for Economy and Productivity, Valdis Dombrovskis, that took place in Nicosia, the Ministry of Finance reported on Saturday. Donev participated in an informal meeting of the Economic and Financial Affairs Council (Ecofin) and in a meeting of the Eurogroup, held on May 22 and 23, 2026, in the Cypriot capital.
Donev also held a bilateral meeting with Eurogroup President Kyriakos Pierrakakis. During these meetings, Bulgaria was congratulated on its successful accession to the eurozone. Donev presented his views on the main challenges facing the EU in the context of global economic challenges, as well as the measures and actions taken by the Bulgarian government in view of the upcoming fiscal consolidation. He discussed the progress made so far in implementing the National Recovery and Resilience Plan and the next steps toward its completion.
Dombrovskis stated that the European Commission expects to receive Bulgaria’s draft budget for 2026 and the updated medium-term forecast shortly, and encouraged the Bulgarian authorities to take bold and sustainable measures to ensure successful fiscal consolidation. The regular budget for 2026 is expected to be adopted by July 1, Donev said at a media briefing in Sofia on May 18.
During the Ecofin and Eurogroup meetings, ministers exchanged views on the urgent need to strengthen the EU’s competitiveness in light of recent geopolitical developments. The Council also discussed the key characteristics and economic functions of stablecoins, as well as the challenges associated with them.
The agenda also included ways Europe can meet its growing spending needs without undermining long-term fiscal sustainability. Eurogroup members shared views and experiences on the main economic challenges and policy options related to affordable housing. Finance Minister, European Commissioner Dombrovskis Discuss Upcoming Fiscal Consolidation 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-05-23 13:35:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law