Slovenia - a Yugoslav state - was a major trading partner of the USSR. It’s economy was hollowed out, first after the decline of Russia, and then after a decade of looting, sanctions, and war.
Finland and West Germany were more major trading partners with the USSR, and more than half of Yugoslavia’s trade was with the OECD.
Yugoslavia’s economy destabilized firstly from the 70s oil crises and the IMF loans tied to requirements to privatize industries. Many of those loans were taken with the premise that the USSR may invade and the funds were necessary for defense.
Slovenia wasn’t part of the Soviet bloc though
Slovenia - a Yugoslav state - was a major trading partner of the USSR. It’s economy was hollowed out, first after the decline of Russia, and then after a decade of looting, sanctions, and war.
Finland and West Germany were more major trading partners with the USSR, and more than half of Yugoslavia’s trade was with the OECD.
Yugoslavia’s economy destabilized firstly from the 70s oil crises and the IMF loans tied to requirements to privatize industries. Many of those loans were taken with the premise that the USSR may invade and the funds were necessary for defense.