Word: bulgaria
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Born. To King Simeon II, 27, King of Bulgaria deposed by the Communists, and Margarita Gómez-Acebo y Cejuela, 28, toast of Madrid society: their second son; in Madrid...
...call for increased planning, Lange's idea of vitalizing a Communist economy is to eliminate much central planning and introduce a full-scale market economy dominated by the profit motive. Lange's writings have seeded increasingly vocal bodies of so-called "revisionist economists" in Czechoslovakia, Hungary and Bulgaria. Pilot schemes for decentralized planning and a form of the profit motive are being tried in East Germany, and even in Russia, where Economist Yevgeni Liberman has incorporated many of Lange's market ideas in his own proposals for decentralization...
...buyers are complaining about the condition of U.S. cotton. "America sends us the worst-made-up bales," says Harry Tonge, chairman of Britain's Raw Cotton Committee. Grumbles one Genoa importer: "The condition of U.S. cotton cries out for revenge." Some countries are beginning to take revenge. Communist Bulgaria judged a shipment to be so shoddy that it not only delayed unloading the $2,750,000 cargo last month but impounded the Danish freighter that carried it. Last week the Bulgars finally released the ship - after its owners agreed to put up $350,000 pending an international investigation...
Russia, along with other Iron Curtain nations, has perceived the hard-money benefits of capitalistic tourism. It expects more than a million tourists this year, including 22,000 Americans. Bulgaria's Black Sea resorts are wooing German nudists, and Czechoslovakia attracts West Germans and East Germans, who hold surreptitious reunions there. Yugoslavia ("Europe in Miniature") spent $50 million last year on roads and hotels, anticipates a $60 million return this year. Even Red China is falling into step. The city of Canton was repainted for this spring's trade fair, and guest houses have been equipped with...
...extended $46 million in aid and credits to the Poles to help finance their $151 million trade with the U.S. No aid or credits went to the other satellites, whose trade with the U.S. is minuscule: Czechoslovakia $20 million, Hungary $18 million, East Germany $9.6 million, Rumania $2.4 million, Bulgaria $1.2 million...