• On May 30, 1992, the United Nations Security Council adopted Resolution 757, imposing a comprehensive international economic embargo on the Federal Republic of Yugoslavia. The sanctions led to a rapid collapse of the economy, hyperinflation, and severe disruption of everyday life. The photograph shows citizens standing in line at a bank in Belgrade during the early months of the sanctions. The rush to banks and post offices was overwhelming, as money had to be withdrawn immediately — any delay meant losing its value due to inflation. Payment slips, bank statements, and withdrawal forms reveal the scale of impoverishment. The sanctions did not affect political elites, but primarily ordinary people: pensioners, workers, families, and children.

Arandjelovac – Sanctions — Citizens in a Bank During the Economic Embargo,1992

€250

File size: 5705 × 3898 px (63.6 MB)
Credit: Dragoljub Zamurovic

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Editorial use in newspapers and magazines, editorial broadcasts, documentaries, and non-commercial websites, blogs, and social media posts illustrating matters of public interest.

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Product Description

On May 30, 1992, the United Nations Security Council adopted Resolution 757, imposing a comprehensive international economic embargo on the Federal Republic of Yugoslavia. The sanctions led to a rapid collapse of the economy, hyperinflation, and severe disruption of everyday life.

The photograph shows citizens standing in line at a bank in Aranđelovac during the early months of the sanctions. The rush to banks and post offices was overwhelming, as money had to be withdrawn immediately — any delay meant losing its value due to inflation. Payment slips, bank statements, and withdrawal forms reveal the scale of impoverishment. The sanctions did not affect political elites, but primarily ordinary people: pensioners, workers, families, and children.

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