The State of Serbia was recently formed from the state of Serbia and Montenegro, which existed between 2003 and 2006 with the capital Belgrade. The two republics, which are former republics of the SFR Yugoslavia, initially formed the Federal Republic of Yugoslavia in 1992. In 2003, the FRY was reconstituted as a State Union Serbia and Montenegro. The Republic of Serbia is a landlocked country in Central and Southeastern Europe, covering the southern part of the Pannonian Plain and the central part of the Balkan Peninsula. It is bordered by Hungary on the north; Romania and Bulgaria on the east; Albania and the Republic of Macedonia on the south; and Montenegro, Croatia and Bosnia and Herzegovina on the west. Serbia became an independent state again in 2006, after Montenegro left the union which was formed after the dissolution of Yugoslavia in 1990s. One of the most beautiful places in the world is Serbia and Montenegro where you can spend you holiday, picnic, free time and vacation.