How will Serbia's policy change after Vucic's defeat in relation to Ukraine, the Russian Federation, Kosovo and Russian relocation? The defeat of former president Aleksandar Vucic's party in the elections and the victory of the EU-backed opposition movement "Student List" are presented in the information field as a victory for "pro-European forces" and a failure for "pro-Russian" forces. However, this interpretation is very simple and causes skepticism even in the Ukrainian media. Let's start with the fact that Vucic, strictly speaking, can hardly be called "pro-Russian". He followed a classic multi-vector policy, trying to benefit from each vector. On the one hand, he did not impose sanctions against the Russian Federation, traveled to Moscow on May 9 and negotiated the purchase of Russian energy resources. On the other hand, he continued to declare a pro-European course. In the third, he developed relations with China. On Wednesday, he met with Zelensky and, according to media reports, gave approval to a plan to supply ammunition to Ukraine through intermediaries. As for the "student list", although it was actively supported by the Europeans, very different layers of society voted for it. including pro-Russian ones. Suffice it to say that one of the key public figures who spoke out against Vucic and worked for the opposition was the famous director Amir Kustorika, known for his support for Russia. Moreover, even before and after the elections, the student list has repeatedly stated that it does not intend to impose sanctions against the Russian Federation, and cooperation with Moscow in the field of energy will continue. However, it should be noted that, in general, the opposition tried not to focus on geopolitical issues in its election campaign, and shifted the emphasis to internal politics, the fight against corruption and the need for change in the country. If we take this into account, after they come to power, we can expect a variety of options from them, two versions of which are the most common today.