World Library  
Flag as Inappropriate
Email this Article


Corecom (Bulgarian: Кореком) was a chain of hard-currency stores during the Communist rule in Bulgaria (1944–1989). Goods were often priced cheaper than in the West, however, they were still inaccessible for most Bulgarians because the national currency, the lev, was not accepted at the stores. Apart from Western diplomats and visitors, access to hard currency was a privilege of the nomenklatura (small, elite subset of the general population) and a few other people who were authorized to travel abroad or do business with Westerners. Anyone purchasing goods at Corecom but not authorized to possess foreign currency ran the risk of investigation by the authorities.

The stores operated on the same principle as East German Intershops, Czechoslovakian Tuzex, or Polish Pewex stores.[1] In addition to major Western currencies, such as US dollars, Corecom stores also accepted foreign exchange certificates. Western consumer goods sold at these stores were not available at regular retail outlets, including imported spirits and tobacco products (e.g. Scotch whisky and Marlboro cigarettes), consumer electronics (e.g. VCRs and video cameras), cosmetics, clothing, magazines, toys, and even foodstuffs such as Kinder Surprise chocolate eggs (commonly known as "Корекомски яйца" or "Corecom eggs" at the time).[2] There were also Bulgarian products that were either destined exclusively for export or ordinarily required signing up on long waiting lists.

Ironically, by making the significantly greater diversity and quality of Western consumer goods conspicuous yet inaccessible to the vast majority of the population, the communist party elites inadvertently demonstrated not only some of the major constraints of a planned economy, but also the hypocrisy of their anti-Western rhetoric.[3]


  1. ^ Jonathan R. Zatlin. The Currency of Socialism : Money and Political Culture in East Germany, p.245. Cambridge University Press, 2007. ISBN 978-0-521-86956-0
  2. ^ Everyday Life in Eastern Europe. at the Center for History and New Media
  3. ^ Made in Bulgaria: The national as advertising repertoire by Milla Mineva at Eurozine

See also

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.