Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

PM Nikolay Denkov: We have been putting out the fires of the caretaker cabinet since day one

PM Nikolay Denkov
Photo: BTA

Blatant errors of government, breach of the rules and putting out fires in most ministries since day one – that is how Prime Minister Nikolay Denkov described what his cabinet inherited from the caretaker government, at a briefing given by the prime minister and several cabinet ministers.  

Billions of Leva are at risk, or have been lost, he said; last year a regular draft budget was not presented as required by law, and the one put forward eventually included an excessive budget deficit of 6.4%; because of delayed reforms and investments that have not been made under the Recovery and Resilience Plan Bulgaria risks not receiving some of the funding in 2023.

Nikolay Denkov gave a number of examples – one of them concerns the contract with the Turkish state-run company Botas for the purchase, sale and supply of natural gas, which puts the Bulgarian side at a disadvantage.  

The prime minister explained that the Turkish company is given access to the Bulgarian and the European market, whereas we do not have access to the Turkish market. What is more, the 13-year contract means we owe hundreds of millions of Leva a year, even if we do not import the gas quantities set down.

“The energy minister has assumed the commitment of trying to negotiate the best conditions possible for Bulgaria, with all due respect to the Turkish side, but he has been placed in an extremely difficult and disadvantageous position,” PM Denkov said.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Michael McGrath

EU expects Bulgaria to secure convictions for high-level corruption

Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..

published on 11/18/25 10:37 AM
Rumen Spetsov

Lukoil says it would not interrupt its activities and fuel supply in Bulgaria

The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..

published on 11/18/25 9:24 AM

Former caretaker minister heads Bulgarian embassy in Bern

Svetlan Stoev is the new ambassador extraordinary and plenipotentiary of Bulgaria to Switzerland. The presidential decree was published on November 18 in the State Gazette. Stoev is a career diplomat. He started working at the..

published on 11/18/25 9:02 AM