Podcast in English
Text size
Bulgarian National Radio © 2024 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

Retro cars, simulators and games for National Road Safety Day

On June 29, on the occasion of the National Road Safety Day, the State Agency for Road Safety is organising a festival from 11 am to 2 pm at the Knyaz Alexander I Battenberg Square in the capital in front of the Art Gallery. Its aim is to draw..

published on 6/29/24 5:10 AM

Clouds will decrease, rain stops

Before midnight, the clouds will decrease and the wind will die down for the night. Tomorrow, 29 June, will be sunny. In the afternoon, there will be some cumulus clouds over the eastern half of the country and in the highlands, but there will be almost..

published on 6/28/24 7:05 PM
Ruse-Giurgiu bridge over the Danuce

Third Danube bridge and Ruse-Giurgiu ferry are key projects for the region

Bulgaria has a crucial role to play in the connectivity of several regions. It lies at a crossroads between the Balkan Peninsula, the Eastern Mediterranean and the Black Sea.   This was stated by Deputy Transport Minister Anna Natova at a meeting..

published on 6/28/24 5:10 PM