Group 1 - The European Commission has recommended that Bulgaria join the Eurozone next year [1] - Currently, there are nine countries in the EU that are in excessive deficit status [1]

Core Points - The European Commission has identified nine countries currently in excessive deficit status [1] - Austria has been placed under the excessive deficit procedure [1] Summary by Category Economic Status - Nine countries are reported to be in a state of excessive deficit, indicating potential economic instability [1] Regulatory Actions - Austria's inclusion in the excessive deficit procedure suggests increased scrutiny and potential measures to address fiscal imbalances [1]