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

There will be scattered clouds with no precipitation

On Tuesday, the lowest temperatures will range from 0°C to 5°C, higher along the Black Sea coast – between 8°C and 11°C, around 2°C in Sofia. During the day, Southwestern and Eastern Bulgaria will see scattered mid- and high-level clouds. Over the..

published on 11/24/25 6:45 PM

The Russian aggression in Ukraine hinders Black Sea cooperation

“Bulgaria remains a firm supporter of Ukraine’s efforts to achieve a just and lasting peace that guarantees its sovereignty and territorial integrity”, Minister of Foreign Affairs Georg Georgiev said at the opening of the 66th Session of the General..

published on 11/24/25 12:59 PM
Lilyana Pavlova

Bulgaria will not bail out eurozone countries with debt, Lilyana Pavlova says

Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice president of the European Investment Bank, told the Bulgarian National Radio. "In the contracts we..

published on 11/24/25 11:43 AM