Bulgaria's Deputy Prime Minister and Minister of Finance Lyudmila Petkova represented Bulgaria at the regular meeting of the Economic and Financial Affairs Council (ECOFIN) in Luxembourg. 

Among the topics discussed were the economic and financial consequences of Russia's aggression against Ukraine. Bulgaria welcomes the package of legislative proposals, through which the joint financial participation of the G-7 and EU member states in the fair sharing of the risk is ensured, as well as the bearing of common political responsibility. Petkova pointed out that the structure of the future loan should allow Ukraine to use the funds where the country's needs are most urgent, whether these are military needs or contributing to the recovery of strategic sectors, reconstruction and future development.