higher middle-income Eastern European economic climate; sustained expansion reversed by COVID-19; significant remittances; Russian Electricity and regional dependence; agricultural exporter; declining workforce as a result of emigration and minimal fertilityStambolov negotiated financial loans with western European countries to create the economic … Read More

Bulgaria's Stalinist section lasted less than five years. Under his Management, agriculture was collectivised and a massive industrialisation marketing campaign was released. Bulgaria adopted a centrally prepared financial system, similar to Individuals in other COMECON states. Within the mid-forties, when collectivisation commenced, Bulgaria was a… Read More