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The Balkans also known as the Balkan Peninsula, is a geographic area in Southeast Europe with various definitions and meanings, including geopolitical and historical. The region takes its name from the Balkan Mountains that stretch throughout the whole of Bulgaria from the Serbian–Bulgarian border to the Black Sea coast. It had a geopolitical rather than a geographical definition, further promoted during the creation of the Kingdom of Yugoslavia in the early 20th century.

The definition of the Balkan Peninsula's natural borders do not coincide with the technical definition of a peninsula and hence modern geographers reject the idea of a Balkan peninsula, while scholars usually discuss the Balkans as a region. The term has acquired a stigmatized and pejorative meaning related to the process of Balkanization, and hence the preferred alternative term used for the region is Southeast Europe. #balkan #economy #statistics

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