Bulgaria's President Rumen Radev Announces Resignation Amid Political Uncertainty

Bulgaria's President Rumen Radev announced his resignation, expected to be submitted to the Constitutional Court soon, amid speculation he will form a new political party to contest upcoming parliamentary elections. Radev, whose term was due to end in 2027, will be succeeded temporarily by Vice-President Iliana Iotova until presidential elections in November. His resignation occurs amid ongoing political instability, with Bulgaria facing its eighth parliamentary election in four years due to fragmented parliaments and coalition breakdowns.