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

Prices are now officially displayed also in euros

On August 8, the prices of all goods in stores must also be in euros. The currency conversion must be at the rate of 1.95583, set by the currency board and at which it was accepted that Bulgaria would switch to the European currency...

published on 8/8/25 6:10 AM

Hot weather, clouds over the mountains, but no precipitation

On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be cumulus clouds over the mountains, with a very small probability of isolated afternoon..

published on 8/7/25 7:05 PM

Bulgaria deploys military contingent to Kosovo

A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90 men and 7 women) were officially sent off today. The contingent is part of NATO’s Kosovo Force..

published on 8/7/25 6:06 PM