Assessments of Bulgaria’s convergence programme

As required by the Stability and Growth Pact, each spring Bulgaria submits a convergence programme which presents an update of the medium-term fiscal strategy.

Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on the programme and country-specific recommendations in the scope of the European Semester.

Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes.

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The EU Excessive Deficit Procedure and Bulgaria

Bulgaria is currently not subject to an Excessive Deficit Procedure.