Comecon


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Related to Comecon: Cominform

COMECON:

see Council for Mutual Economic AssistanceCouncil for Mutual Economic Assistance
(COMECON or MEA), international organization active between 1956 and 1991 for the coordination of economic policy among certain nations then under Communist domination, including Albania (which did not participate after 1961), Bulgaria,
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Comecon

(formerly) an association of Soviet-oriented Communist nations, founded in 1949 to coordinate economic development, etc.; it was disbanded in 1991 when free-market policies were adopted by its members
References in periodicals archive ?
Instead it means that estimates for world energy demand in, let us say, the year 2008 - ten years from now - may be delayed by two or three years as a result of such uncertainties, or that a region or one nation may lag behind for as much as a decade, for example in some parts of the former Comecon group of economies; - but after a period of readjustment the long term trend reasserts itself and, just as the table shows the sheer scale of world growth means that quite massive events such as the oil crises of the seventies and the related economic dislocation result in only transient effects on the world over decades.
Vaclau Klaus, the new Czechoslovak Finance Minister, demanded at the January COMECON conference in Sofia that intra-COMECON barter deals and trade agreements be shifted to open trade and market conditions.
COMECON is a 10-nation trading partnership formed by the U.
Total east German exports to the former Comecon countries dropped by some 60 percent -- by over 80 percent to Hungary alone.
There were goals galore in the first round of the David Tacy Cup; FC Fender (Danny Ormond 3, Kev Woods, Sam Copely 2, Danny Stuart) beat Eswa (Philip Bryan) 7-1 and in an amazing game, Comecon (Chris Clarke, Ryan Hughes 2, Luke Shillcock, David Kirby, Kieran O'Sullivan) won 6-5 at FC Ridger (Chris McGowan 3, Andy Freeman, Graham Williams).
Similar transactions were made by all the other European COMECON countries.
as 3M's fourth wholly owned subsidiary in the former COMECON countries of Central and Eastern Europe.
Lancelyn Glenavon beat Comecon 6-3 when Dean Corris (2), Steve Corris, James Beattie, Martin Reeve and Mike McGree were on the mark while Saddle Club (Morgan, Hodson, Chesters, Spence) won 4-3 at Kings Arms and Euro Wirral triumphed 3-2 at Shaftesbury Youth A.
Bidston Hotel won their Wirral Premier Cup tie 5-1 against Comecon (Tom Mairs), with goals from Peter Woods, Tommy Baker, Shaun Skillen and two from Billy New.
It is run by ComEcon Ltd, which hopes the pounds 220,000 revamp of the Town Mission will help regenerate the town.
The vast needs of the non-military economy--resulting from decades of underinvestment and the recent elimination of traditional suppliers among the Eastern European COMECON states--are clearly identifiable.
Division One leaders Wellington FC, stretched their lead at the top as Jamie Breeze hit a hat-trick and Kieran Delaney added another, in a 4-0 win against Comecon.