December 31 (SeeNews) - Bulgaria's consolidated budget deficit is expected to have reached 2.28 billion levs ($1.27 billion/1.196 billion euro), or 2.66% of country's projected gross domestic product (GDP) at the end of 2015, as compared to a deficit of 3.07 billion levs, or 3.7% of GDP, a year earlier, the finance ministry said.