European Commission’s (EC) evaluation on the convergence programme of Bulgaria showed that the country’s budgetary condition was stable.

EC encouraged Bulgaria to reach budget surplus higher that the one scheduled for 2007, the EC representation in Bulgaria said.

The country has to keep on sustaining budget surplus in the years to come to guarantee macroeconomic stability.

EU economic and monetary affairs commissioner Joaquin Alumnia said that he was worried that Bulgaria, Romania and Latvia planned to relax their tax policies in 2007 because of the previously experienced economic growth.

Their plans contradicted the EU strive for reasonable tax policies and inflation control, he said as quoted by Focus news agency.

Tax polices aiming stability are of key importance for sustainable economic development, he said.