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Why Bulgaria Was The Closest Ally Of The Ussr In The Time Of Socialism

Author

Listed:
  • Bancho Banov

    (Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski)

Abstract

In the times of socislism in Bulgaria:1944 – 1989, and more specifically after 1960 Bulgaria was the closest ally of the USSR. The western press called Bulgaria “The nearest satellite of the Soviet Union”. Were these closest relations of all socialist countries between Bulgaria and USSR random? The facts and the analyses show that behind closest relations hides a strive of Bulgaria for economic benefits from Soviet Union. Which in fact Bulgaria received in exchange for her loyalty.

Suggested Citation

  • Bancho Banov, 2018. "Why Bulgaria Was The Closest Ally Of The Ussr In The Time Of Socialism," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 15(1), pages 29-40, June.
    • Handle: RePEc:sko:yrbook:v:15:y:2018:i:1:p:29-40
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