Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, February 28, 1991 TAG: 9102280108 SECTION: NATIONAL/INTERNATIONAL PAGE: C9 EDITION: METRO SOURCE: DATELINE: SOFIA, BULGARIA LENGTH: Short
The former Communist Party, renamed the Socialist Party after the Communists were ousted in 1989, plans to hand back assets valued at about $52 million, Socialist official Blagoi Dechev was quoted as saying in the party newspaper Duma.
Former Communist strongman Todor Zhivkov is widely held responsible for leading this Balkan nation of 9 million residents into an unprecedented economic crisis. It has $11 billion in foreign debt and its people are suffering food and other shortages. Drastic price increases on Feb. 1 hurt retirees and others forced to live on as little as $15 a month.
Zhivkov, who was ousted in a Politburo coup in November 1989, this week became the first former East European Communist leader to go on public trial. He has denied charges he embezzled state funds worth $4 million.
- Associated Press
by CNB