Atanas Burov

Atanas Burov
Born (1875-01-30)30 January 1875
Gorna Oryahovitsa, Bulgaria
Died 15 May 1954(1954-05-15) (aged 79)
Pazardzhik, Bulgaria
Occupation banker

Atanas Dimitrov Burov (Bulgarian: Атанас Димитров Буров) (30 January 1875 – 15 May 1954) was a Bulgarian banker and politician.

Family background

Burov was born in Gorna Oryahovitsa. Members of his family played an active role in the national liberation movement, the educational and cultural reforms, the setting up of the national financial system and industry. The father Dimitar Burov established the Commercial & Credit House — Burov.D.A&Co in 1862. After the Liberation the company expanded its activities and was reorganised as a joint-stock company. The Burov company was among the founders of "Bulgaria: First Bulgarian Insurance Company" (1895) and the Bulgarian Commercial Bank in 1891.

Education

Business and political life

Atanas Burov

After returning from Paris, Atanas Burov started working in the family business. He studied industries with great potential, took the initiative to establish joint-stock companies, participated in the development of railroad constructing, mining, and other industries. The prosperity of his business activity provided him with stability, independent civil opinion and freedom to act as a politician. Burov joined politics as an active member of the People's Party and very soon became the ideologist of the Bulgarian bourgeoisie. He soon became one of the leaders of the party, who always had the national and people's interests as a priority.

From 1911 until 1934 he was a member of the Bulgarian Parliament and a minister in four governments:

Burov never allowed compromises with and breach of the principles of democracy and always opposed to totalitarian and dictatorship regimes. As a foreign minister he contributed much to the improvement of Bulgaria's image and relations with neighbouring countries. He was an elected member of the Political Commission of the League of Nations. Together with financial minister Mollov he succeeded in negotiating the Refugee Loan, the Stability Loan and extending the moratorium on the Reparation Debts. In 1920 he was elected Secretary of the United People's Progressive Party and expanded the social base of this formation attracting personalities from other political groups. He created the People's Union.

The communist regime

After the communist coup d'état on 9 September 1944, the People's Court sentenced Burov to one year of imprisonment. After being released, he joined the opposition in their fight against the establishment of communism, but was exiled to the town of Dryanovo in 1948, then arrested in 1950 and sentenced again, this time to a 20 years term. He died in the Pazardzhik prison on 15 May 1954. In modern democratic Bulgarian history, the life of Atanas Burov is an example of decent life, dedicated entirely to Bulgaria. In 2000, he was proclaimed an Honoured Citizen of Gorna Oryahovitsa.

Burov Hall at the Ministry of Finance

In 2010, Finance Minister Simeon Djankov inaugurated the Burov Hall at the Ministry of Finance, in honor of Atanas Burov. The hall contains the original desk and bookcase of Burov, as well as the original national budgets from 1880 onward. The only surviving oilpaint portrait of Atanas Burov is also as the hall, on loan from the Bulgarian Development Bank. The Ministry of Finance has initiated a program to collect the Burov manuscripts.

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