Financial Affairs Council

Bulgaria's Finance Minister, Asen Vassilev, actively participated in the first regular meeting of the Economic and Financial Affairs Council (ECOFIN) for 2024 in Brussels. The meeting, chaired by the Belgian presidency of the Council of the EU, outlined its financial and economic priorities for the initial six months of the year.

The Recommendation on the Excessive Deficit Procedure in the case of Romania was adopted on Friday at the Meeting of the Economic and Financial Affairs Council (ECOFIN), in Luxembourg, and our country's commitment is to return to a budget deficit up to 3% of GDP by 2024, according to a press release from the Ministry of Finance.

The Minister of Public Finance, Eugen Teodorovici, said it is absolutely necessary the new European Commission to take into account the interests of all member states, and not only of some of them that are believed to be stronger and more influent. "I hope that the new team of the European Commission will truly approach every matter in the spirit of cohesion.

Those European countries losing a lot of their workforce to the advantage of the rest of the European Union countries should think of an aggressive package of measures to provide a solution against the selective mobility that causes this brain drain, Minister of Finance, Eugen Teodorovici, stated on Saturday, at the end of the second day of the ECOFIN (Economic and Financial Affairs Council) me

Romania is ready to work at a sustained pace during the negotiations on the future European budget for 2021-2027, so that an agreement to be reached by the end of this year, Minister of Finance, Eugen Teodorovici, said in a release sent to AGERPRES on Saturday.