It lasted 3.936 days, it was the shortest and last of all Yugoslavia, and its history was marked by sanctions, war, crime, hyperinflation, October 5 and several sports titles, such as winning the World Cup in basketball.
On this day in 1992, the Federal Republic of Yugoslavia was created, the successor to the largest, socialist Yugoslavia.
This abbreviated Yugoslavia was renamed Serbia and Montenegro in 2003.
First, New Yugoslavia was left without a red star on its flag. The anthem remained the same "Hey Slavs", but the coat of arms was changed, instead of six torches a double-headed eagle with glasses and lions appeared, writes N1.
The FRY was created three weeks after the bloody civil war began in Bosnia and Herzegovina, and a month later, on May 30 to be precise, United Nations sanctions were introduced, which were supported by all members of the Security Council.
They included a complete international economic embargo, a ban on trade and payment transactions, a complete ban on aircraft flying to and from the FRY, a ban on servicing aircraft registered in the FRY, a reduction in the diplomatic presence in Belgrade, a ban on the participation of sports teams and even individuals under the flag of Yugoslavia, suspension scientific and technical cooperation. FRY was suspended from of the United Nations.
The consequence of the sanctions led in the same year to uncontrolled money printing and hyperinflation that raged during 1992 and 1993, breaking many records, such as inflation in the German Weimar Republic from the 20s of the last century.
Wages ranged from two, three, and up to 10-20 marks, and the record daily inflation was recorded in January 1994 and amounted to 62 percent.

The consequence of that is, apart from the devalued money, and despite the denomination reaching the banknote of 500 billion dinars, there were completely empty shops. Bread, milk and other foodstuffs were unavailable, that is, there were none.
The paradox was so great that some families survived on humanitarian aid received by refugees - family members from war-torn areas. It is estimated that between 600 and 800 thousand refugees entered the FRY. Many people remember the distribution of bread on Republic Square in Belgrade and the fight over it.
The first years of the FRY were also marked by the robbery of citizens carried out through the pyramidal savings system, primarily through Jugoskandik and Dafiment Bank, as well as mafia settlements, especially in Belgrade. Violence was ubiquitous. One of the novelties was the emergence of turbo folk. Mixes of local folk music and electronic music.
With the signing of the Dayton Agreement, which ended the war in Bosnia and Herzegovina, a slightly more peaceful period followed, and in early 1996, part of the sanctions were lifted. However, gasoline in Yugoslavia was still by far the most expensive in Europe. It went up to six German marks for a liter at the time.
A year after the end of the wars in Croatia and Bosnia and Herzegovina, demonstrations began in Belgrade due to election theft, which lasted for months. The world record for the length of large demonstrations was broken. The citizens of Serbia took to the streets twice a day throughout the winter - for student and party marches, until the election results were recognized.
However, the peace did not last long, because in April 1998 there were armed attacks in Kosovo, and in the same year, sanctions were re-introduced due to the conflict in Kosovo, but they were only valid for Serbia.
The infamous Law on Information was introduced, the media were closed, and a purge took place at the University, as revenge for the 1996/97 demonstrations.
After one threat during the autumn of 1998, a year later there was a bombing that lasted from March to June, and the Yugoslav Army and the police left the territory of Kosovo after the signing of the Kumanovo Agreement.
Sanctions remain.

In the summer of 1999, the attempt to unite the opposition in Serbia experienced a fiasco, but that changed a year later with the goal of overthrowing Slobodan Milošević from power, who in the meantime was accused of war crimes by the international court in The Hague.
Milošević's opponent was Vojislav Koštunica, who won in the first round. Attempts by the authorities to falsify the elections, as in 1996, resulted in the blockade of Serbia, so that on October 5, hundreds of thousands of people in Belgrade would overthrow the regime.
This was followed by the lifting of the sanction and the cancellation of a large part of the debt owed to the practically bankrupt country. Yugoslavia was re-admitted to international institutions such as the United Nations, OSCE, IMF, Interpol...
However, at the end of 2000, another armed rebellion by Albanians began, this time in the municipalities of Preševo, Bujanovac and Medveđa, which was resolved by the formation of a land security zone on the border of Serbia and Kosovo.
In those years, Yugoslavia swept the basketball world. She won the European and World Championships, and at Mundobasket she beat the Americans on their home turf.
Along with the Olympic gold of volleyball in 2000 and the victory of basketball in the legendary final of the European Championship in 1995, these are the biggest successes of sports in the FRY.
Nevertheless, even after the fall of Milošević and the return to international institutions, Montenegro increasingly insisted on greater independence. The way to the independence of Montenegro was the reorganization of the community. After a year of negotiations, Yugoslavia disappeared, and on February 4, 2003, the state union of Serbia and Montenegro was created, which lasted for three years.
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