Bulgaria Faces Fiscal Warning as Deficit Grows, Growth Slows and Inflation Risks Rise

Finance officials and the Bulgarian National Bank have issued a series of warnings about Bulgaria’s fiscal and economic outlook for 2026, highlighting rising pressure on public finances, slower growth, and higher inflation. Speaking at an American Chamber of Commerce event in Bulgaria dedicated to the country’s economic prospects for 2026, Acting Finance Minister Georgi Klisurski said that whoever prepares the next state budget will face “difficult decisions” involving cuts to public spending and administration. He stressed that maintaining fiscal stability will require reforms and a reassessment of state structures, including questions over the size and efficiency of the public sector. ...