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A major problem for Yugoslavia was the heavy debt incurred in the 1970s, which proved to be difficult to repay in the 1980s. [22] Yugoslavia's debt load, initially estimated at a sum equal to $6 billion U.S. dollars, instead turned out to be equivalent to $21 billion U.S. dollars, which was a colossal sum for a poor country. [22]
The breakup of Yugoslavia was a process in which the Socialist Federal Republic of Yugoslavia was broken up into constituent republics, and over the course of which the Yugoslav wars started. The process generally began with the death of Josip Broz Tito on 4 May 1980 and formally ended when the last two remaining republics ( SR Serbia and SR ...
Yugoslavia (/ ˌ j uː ɡ oʊ ˈ s l ɑː v i ə /; lit. ' Land of the South Slavs ') [a] was a country in Southeast and Central Europe that existed from 1918 to 1992. It came into existence following World War I, [b] under the name of the Kingdom of Serbs, Croats and Slovenes from the merger of the Kingdom of Serbia with the provisional State of Slovenes, Croats and Serbs, and constituted the ...
While Slovenia, Croatia, Bosnia and Herzegovina and the Republic of Macedonia interpreted the breakup of Yugoslavia as a definite replacement of the earlier Yugoslav socialist federation with new sovereign equal successor states, newly established FR Yugoslavia (Serbia and Montenegro) claimed that it is sole legal successor entitled to the assets as well as automatic memberships in ...
October 3: The Kingdom of Serbs, Croats and Slovenes was renamed to the Kingdom of Yugoslavia. The state was also divided into new administrative divisions called banovine (singular banovina). December 22: Vladko Maček arrested.
The two countries had formed a joint state until Montenegro split in 2006 following a referendum on independence. ... Montenegro remained in a union with Serbia after other republics in the former ...
The State Union of Serbia and Montenegro [a] or simply Serbia and Montenegro, [b] known until 2003 as the Federal Republic of Yugoslavia, [c] FR Yugoslavia (FRY) or simply Yugoslavia, [d] was a country in Southeast Europe located in the Balkans that existed from 1992 to 2006, following the breakup of the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia).
During the socialist period it was common for history and geography teachers to teach their students that Yugoslavia was surrounded with "BRIGAMA", a Serbo-Croatian word meaning worries that was also an acronym of the initials of all the countries Yugoslavia bordered with, transformed into a mnemonic principle used for both easy learning and ...