Milosevici is facing now a bigger threat than the NATO bombs: the opposition candidate to presidency, Vojislav Kostunica, the one who overcomes him in all the polls. One could say without exaggerating that the presidential, parliamentary and local elections that are to take place in Yugoslavia on the 24th of September (respectively on October 8, for the presidential elections if a second tour would be necessary) might represent a turning point in the history of the Balkans. These elections are to decide whether Slobodan Milosevici, the only dictator to hold effective power in the Balkans and in Europe, will be or will not be removed from the political stage together with the biggest source of instability in the region. Theoretically, according to the polls, Milosevici has little chance to correctly win the elections. His adversary, Vojislav Kostunica, sent in the race by an alliance of 18 opposition parties, is constantly credited by the polls with 10% or even 20% beyond the incumbent President. The question is whether Milosevici will accept losing, both for the Serbs and for the international observers. The most common answer is "No!". Everyone expect a big electoral fraud or another diversion that permit "Slobo" to remain the strongest man in Yugoslavia. Kostunica's apparition on the stage found Milosevici unprepared. The Serb dictator was quite relaxed, as he was expecting Vuk Drascovici to be designed as the official candidate of the united opposition. As this one had a diminishing potential the opposition applied to some obscure character. Kostunica, a constitutional law professor, is a moderate nationalist who seems to be able to give back the Serbs the self-confidence and to restore the relationships with the rest of the world. Kostunica does what neither Draskovici nor Djindici managed to do: he speaks Milosevici's language and he is credible at the same time