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The Balkan Wars were two conflicts that took place in the Balkan states in 1912 and 1913. In the First Balkan War, the four Balkan states of Greece, Serbia, Montenegro and Bulgaria declared war upon the Ottoman Empire and defeated it, in the process stripping the Ottomans of their European provinces, leaving only Eastern Thrace under
Map showing the borders of the Balkan states before and after both Balkan Wars.. The League of the Balkans was a quadruple alliance formed by a series of bilateral treaties concluded in 1912 between the Eastern Orthodox kingdoms of Greece, Bulgaria, Serbia and Montenegro, and directed against the Ottoman Empire, [1] which still controlled much of Southeastern Europe.
The Bosnian Crisis, also known as the Annexation Crisis (German: Bosnische Annexionskrise, Turkish: Bosna Krizi; Serbo-Croatian: Aneksiona kriza, Анексиона криза) or the First Balkan Crisis, erupted on 5 October 1908 [1] when Austria-Hungary announced the annexation of Bosnia and Herzegovina, [a] territories formerly within the sovereignty of the Ottoman Empire but under Austro ...
Countries within the region started to input more stabilization policies. What was originally a high exchange rate eventually fell to a more reasonable exchange rate after devaluations in 1994. By 1994, the number of countries with an exchange rate 50 percent higher than the official exchange rate had decreased from 18 to four. [ 12 ]
It is estimated that in the years 1912–1914 c. 890,000 civilians of various nationalities crossed the borders of the Balkan countries, including also those of the Ottoman Empire. [102] The intense influx of refugees from the region and the news of the massacres caused a deep shock in the Ottoman mainland.
After a period of political and economic crisis in the 1980s, the constituent republics of the Socialist Federal Republic of Yugoslavia split apart in the early 1990s. . Unresolved issues from the breakup caused a series of inter-ethnic Yugoslav Wars from 1991 to 2001 which primarily affected Bosnia and Herzegovina, neighbouring parts of Croatia and, some years later, K
The powder keg of Europe or Balkan powder keg was the Balkans in the early part of the 20th century preceding World War I. There were many overlapping claims to territories and spheres of influence between the major European powers such as the Russian Empire , the Austro-Hungarian Empire , the German Empire and, to a lesser degree, the Ottoman ...
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