European Socialist Regimes' Fateful Engagement with the West
7 Balancing Between Socialist Internationalism and Economic Internationalisation Bulgaria’s economic contacts with the EEC Elitza Stanoeva During his first visit to Bonn in 1975, Todor Zhivkov, Bulgaria’s party leader and head of state for nearly two decades, met an assembly of West German entre- preneurs, and not just any, but the top management of powerful concerns such as Krupp and Daimler-Benz – ‘the monopolies and firms which control 50% of the economic potential of the country’, as argued in the lauding report on the visit afterwards submitted to the politburo of the Bulgarian Communist Party (Balgarska komunisticheska partiya [BKP]).1 Five pages later, the same report highlighted Zhivkov’s witty retort to an SPD politician: ‘Regardless of whether the elections are won by the social democrats or the Christian democrats, Beitz, the boss of Krupp, who represents capitalism in Germany, will remain in place’.2 The irony of criticising West German politicians for being in cahoots with the corporate world while trying to strike a deal with the very same corporations passed unnoticed. After all, Zhivkov went to Bonn to do business, namely to give a boost to the strained Bulgarian economy by securing a long-term loan from the West German government. In this mission, which ultimately failed, he did not shy away from reaching out to the corporate milieu with promises of high profits in the Bulgarian market. Neither did he shy away from depicting his native socialist economy as one overpowered by ‘trade unions, party organisations and the like whom even we cannot cope with’ – in order to divert West German requests for direct investment options.3 Rather than being an anecdote on political duplicity, Zhivkov’s conflicting statements, admittedly aimed at different audiences, illustrate the duality in Bul- garia’s policy of doing business with the West as a balancing act between socialist internationalism and economic internationalisation.
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