Abstract: This article examines the stance of the Russian and foreign (Serbian and British-American) journalistic reports on the armed conflict events and confrontations in the territory of Yugoslavia of the 1990’s. The author describes and compares different interpretations of the prerequisites of tragic events, as well and analyzes their content and international significance. The study analyzes the role of press in reflection of Balkan events and formation of public opinion of the aforementioned countries. Special attention is dedicated to the interpretations of patriotic moods characteristic to some of the Russian publicists covering the events of Balkan Wars of the late XX century, their comprehension of Yugoslav events as a result of hegemonic pursuits of the United States, and a potential scenario for preparing disintegration of Russia. An opportunity is provided to analyze the outlook on Yugoslav events of the representative of “three centers” of social thought – Russian, Serbian and British-American. The article differentiates the stances of Russian publicists, reveals the ideological and political grounds of views of the representatives of patriotic and liberal trends. Analysis is conducted on the factors affecting the perception of crisis by Serbian and English language authors. The novelty of studying the problematic of Breakup of Yugoslavia is justified by relevance of disintegration of multiethnic states in the modern world. At the same time, a significant amount of source related to Balkan Events of the 1990’s requires examination and introduction into the scientific discourse. The Russian, Serbian and British-American press devoted to wars in the countries of former Yugoslavia can be conditionally divided into three groups based on their attitude to the ongoing events: conservative, liberal and objectivistic.