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The Powder Keg of Europe   The southeaster area of Europe, the Balkans, was called The Powder Keg of Europe because of the nationalistic spirit that was causing revoltsâ¦ and rebellion in that area prior to World War I. It was where the Great War, World War I, began with the assassination of Archduke Ferdinand.
The Balkans. The term Balkans is a geographical designation for the southeastern peninsula of the European continent. Europe has many regions, of course, and has two other southern peninsulas--the Iberian peninsula (Spain and Portugal) and the Italian peninsula.o understand who the peoples of the Balkans are, one must first know which countries make up the Balkans. The countries that make up the Balkans today include Greece, Albania, Macedonia, Bulgaria, Romania, rump Yugoslavia (Serbia and Montenegro), and Bosnia Herzegovina (referred to as Bosnia throughout this text).