What is being decided?
The Council is being asked to decide that Bulgaria has an excessive deficit under the EU’s deficit procedure.
Proposal for a COUNCIL DECISION on the existence of an excessive deficit in Bulgaria
The proposal is for a Council decision on whether Bulgaria has an excessive deficit.
The Council is being asked to decide that Bulgaria has an excessive deficit under the EU’s deficit procedure.
Bulgaria is the directly affected Member State, and the Commission and Council are the institutions acting in the procedure.
The Commission says the decision is needed because its assessment found that Bulgaria’s deficit criterion is not fulfilled.
The scope is Bulgaria within the EU’s excessive deficit procedure under Article 126 TFEU.
The available official record does not specify this yet.
The Council would make a legal finding under Article 126(6) TFEU based on Bulgaria’s budget data and the Commission’s assessment.