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Yugoslav National Bank governor Dragoslav Avramovic, 78, popularly known as "Grandpa Avram" sits in ..,...

IMAGE number
REU7608830
Image title
Yugoslav National Bank governor Dragoslav Avramovic, 78, popularly known as "Grandpa Avram" sits in .., 1996-05-16 (photo)
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Photographer
Ivan Milutinovic
Medium
photograph
Date
1996 AD
Shooting Date
1996-05-16
Image description

Yugoslav National Bank governor Dragoslav Avramovic, 78, popularly known as "Grandpa Avram" sits in his office in Belgrade May 16, a day after the Yugoslav assembly voted to sack him, capping weeks of conflict with the Socialist government over privatisation, fiscal policy and terms for IMF membership. Avramovic became a public hero in 1994 when he halted the hyper-inflation that swamped Yugoslavia after it came under international sanctions. After Avramovic's dismissal Belgrade black market immediately slashed the value of the local currency

Photo credit
REUTERS/Ivan Milutinovic / Bridgeman Images
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