Bulgaria’s Fiscal Council recommends that the draft 2027 budget be supplemented with permanent expenditure reductions amounting to around 1% of GDP, equivalent to approximately EUR 1.4 billion in an opinion on the draft State Budget Act for 2027 and the Updated Medium-Term Budget Forecast for 2027–2029. The draft 2027 budget and the Updated Medium-Term Budget Forecast for 2027–2029 acknowledge the need for fiscal consolidation and formally follow the corrective path set by the Council of the European Union [...]