The treaties allowed Italy, Romania, Hungary, Bulgaria, and Finland to resume their responsibilities as sovereign states in international affairs and to qualify for membership in the United Nations.
Bulgaria was restored to the borders of 1 January 1941, returning Vardar Macedonia to Yugoslavia and Eastern Macedonia and Western Thrace to Greece, but keeping Southern Dobruja per the Treaty of Craiova, leaving Bulgaria as the only former Axis power to keep territory that was gained during the Second World War.
The war reparation problem proved to be one of the most difficult arising from post-war conditions. The Soviet Union, the country most heavily ravaged by the war, felt entitled to the maximum amounts possible, with the exception of Bulgaria, which was perceived as being the most sympathetic of the former enemy states. Bulgaria was part of the Axis but did not declare war on the Soviet Union. War reparations at 1938 prices, in United States dollar, 75 million for Bulgaria.
Bulgaria has the right to have a small military resources - infantry, air and sea forces. Their role is mainly confined to the security of the state border. Bulgaria is heavily restricted to develop military industry, aircraft construction, shipbuilding and so on. There are other clauses that impose sanctions and restrictions in domestic and foreign policy, sanctions that Bulgarian diplomacy and government fail to avoid.
Triumph or disaster is Paris Peace Treaty for Bulgaria?
Bulgaria's international position strengthens. But Paris agreement leads to various negative political consequences. Government of Georgi Dimitrov, which is headed by the Communist Party receives final legitimation. Great Powers except the USSR are deprived of the opportunity to influence political processes in the country. Opposition parties, except Agrarian have been closed. The Dimitrov`s Constitution was adopted and was established the Communist management type of the state. Followed the nationalization of industry and the almost complete elimination of private property. Citizens are deprived of their basic democratic rights and freedoms. In Bulgaria is established totalitarian regime.