The article offers a brief overview of the preconditions for Bulgaria’s involvement in the First World War on the sideof Germany and Austria-Hungary and for its defeat in 1918. Further, the attempts of the Bulgarian delegation inNeuilly-sur-Seine to achieve a “fair” peace treaty with the Allied and Associated Powers and the motives in supportof the Bulgarian claims are addressed. In the last part, the article contemplates the consequences of the treaty for thecountry’s development in the 1920s as well as the leanings towards a new rapprochement with Germany.