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History Yugoslavia is what remains of a much larger country, also called Yugoslavia that broke up into several independent nations in 1991 and 1992. The new Yugoslavia, like the former, lies on the Balkan Peninsula in southeastern Europe. Belgrade is the na ....

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.... Serbian forces occupied about 30 percent of Croatia's territory and about two-thirds of Bosnia-Herzegovina. A cease-fire ended most of the fighting in Croatia in January 1992. But in May 1995, Croatian government forces began to take back the areas that were held by the Serbs. In April 1992, Serbia and Montenegro formed a new, smaller Yugoslavia. However, the United States and most other nations have refused to recognize the country. Economy After the Communists took control of Yugoslavia in 1945, they began working to develop Yugoslavia from an agricultural country into an industrial nation. The government introduced programs to encou ....