Yugoslavia's last Prime Minister Markovic dies

Former Yugoslavia's last Prime Minister Ante Markovic, who tried to prevent the country's bloody break-up in the 1990s, has died. He was 87.

Mr Markovic died in Croatia's capital Zagreb.

Dzevad Haznadar, his business partner in Bosnia's capital Sarajevo, said Mr Markovic suddenly died in his apartment in Zagreb of yet unknown causes after suffering "minor cold" symptoms.

Mr Markovic, a Croat born in Bosnia, became Yugoslavia's prime minister in March 1989, two years before the former communist country started unravelling along ethnic lines.

During his tenure, Mr Markovic launched an ambitious program of pro-Western economic reforms, including privatisation of state-run companies and stabilisation of Yugoslavia's currency, the dinar. The result of his monetary reform was a halt to soaring inflation and temporary rise in the country's living standards.

Mr Markovic was popular among Yugoslavia's liberals because of his reforms which brought the country to the threshold of the European Union. But, he was hated by nationalists for his unifying stands and efforts to mediate between increasingly hostile leaderships of the six former Yugoslav republics.

In July 1990, Mr Markovic formed a political party supporting a reformed Yugoslav federation. He was defeated in the elections by nationalist and separatist parties.

Before he resigned in December 1991 under the pressure from nationalists, Mr Markovic tried to find a compromise between Slovenia and Croatia, the republics seeking to secede and Serbia which insisted that Yugoslavia remain a single entity. His efforts failed and the country plunged into a series of ethnic wars.

In 2003, he appeared as a prosecution witness at the war crimes trial of former Serbian leader Slobodan Milosevic at a tribunal in The Hague, Netherlands.

He testified that Milosevic and former Croatian President Franjo Tudjman both told him that they made an agreement on the eve of the war in Bosnia in 1991 to divide the former Yugoslav republic between Serbia and Croatia.

After the wars, Mr Markovic dedicated himself to a business career and consulting for governments and banks.

He is survived by wife, a son and a daughter.