The Republic of Bulgaria, formerly the Peoples Republic of Bulgaria, a Balkan country on the Black Sea in southeastern Europe, has an area of 42,855 sq. mi. (110,910 sq. km.) and a population of *8.31 million. Capital: Sofia. Agriculture remains a key component of the economy but industrialization, particularly heavy industry, has been emphasized since the late 1940s. Machinery, tobacco and cigarettes, wines and spirits, clothing and metals are the chief exports.
   The area now occupied by Bulgaria was conquered by the Bulgars, an Asiatic tribe, in the 7th century. Bulgarian kingdoms continued to exist on the Bulgarian peninsula until it came under Turkish rule in 1395. In 1878, after nearly 500 years of Turkish rule, Bulgaria was made a principality under Turkish suzerainty. Union seven years later with Eastern Rumelia created a Balkan state with borders approximating those of present-day Bulgaria. A Bulgarian kingdom, fully independent of Turkey, was proclaimed Sept. 22, 1908. During WWI Bulgaria had been aligned with Germany. After the Armistice certain land concessions were given to Greece and Romania. In 1934 King Boris III suspended all political parties and established a dictatorial monarchy. In 1938 the military began rearming through the aide of the Anglo-French loan. As WW II developed, Bulgaria again supported the Germans but protected their Jewish community. Boris died mysteriously in 1943 and Simeon II became King at the age of six. The country was then ruled by a pro-Nazi regency until it was liberated by Soviet forces in 1944.
   The monarchy was abolished and Simeon was ousted by plebiscite in 1946 and Bulgaria became a Peoples Republic on the Soviet pattern. After democratic reforms in 1989 the name was changed to the Republic of Bulgaria.
   Coinage of the Peoples Republic features a number of politically oriented commemoratives.

RULERS
Ferdinand I, as Prince, 1887-1908
As King, 1908-1918
Boris III, 1918-1943

MINT MARKS
A – Berlin
(a) Cornucopia & torch – Paris
BP – Budapest
H – Heaton Mint, Birmingham
KB – Kormoczbanya
(p) Poissy – Thunderbolt

MONETARY SYSTEM
100 Stotinki = 1 Lev

Helpful Articles

One Response to “BULGARIA”