Eurogroup Discusses Economic Impact of Middle East Conflict and Energy Security in Brussels
At the Eurogroup meeting in Brussels, finance ministers discussed the eurozone's economic outlook, the impact of Middle East conflicts, and rising energy prices. Bulgaria's Finance Minister Georgi Klisurski emphasized sustainable energy technologies and the need for financial support for low-emission power infrastructure.
In ECOFIN discussions, he affirmed Bulgaria's backing for timely EU capital market integration. The meeting also addressed the ongoing Russian aggression toward Ukraine. Bulgaria's Prime Minister Gurov and Croatia's Prime Minister Plenkovic discussed measures against rising fuel prices and security cooperation, stressing the diversification of natural gas supplies. Gurov announced Bulgaria's defense spending has reached 2% of GDP and aims for 5% by 2035.
