In a pivotal moment for Bulgaria’s political landscape, President Rumen Radev has announced his resignation, sparking discussions about the formation of a new political party ahead of imminent snap elections. The decision, being the first of its kind by any Bulgarian head of state in the post-communist era, reflects ongoing turmoil within the country’s political framework amidst a backdrop of widespread anti-corruption protests, illustrating a populace eager for change and reform.
Bulgarian President Rumen Radev announced his resignation on Monday, prompting speculation about his potential establishment of a new political party before the upcoming snap elections anticipated in the coming months. Radev stated he would submit his resignation to the country’s Constitutional Court, which, if approved, would result in Vice President Iliana Iotova succeeding him.
In a televised address, Radev, aged 62, informed the nation, “Today, I am addressing you for the last time as president of Bulgaria,” expressing eagerness to engage in the “battle for the future” of the country. His resignation marks a historic moment, being the first departure of a head of state in Bulgaria since the fall of communism.
The resignation comes amid Bulgaria’s ongoing political crisis, as the nation, a member of both the European Union and NATO, wrestles with instability. The previous government was ousted in December amid widespread protests centered on anti-corruption, an issue Radev publicly supported. The forthcoming election will mark the eighth round of voting in just five years.
Last month, large-scale protests led to the fall of the ruling coalition, primarily led by the center-right GERB party. Efforts to form a government from the current parliament have faltered, signaling that Bulgaria is heading toward another parliamentary election—the eighth since 2021.
Radev, who is in the second year of his presidency set to conclude in 2026, has consistently signaled his potential involvement in upcoming elections. A former Air Force general, he has been a vocal critic of GERB leader Boyko Borissov and has also opposed oligarch Delyan Peevski, who has faced sanctions in the U.S. and U.K. for alleged corruption and media manipulation.
Moreover, Radev has questioned Bulgaria’s pursuit of joining the eurozone and has expressed reluctance regarding the provision of military aid to Ukraine, urging European leaders to better support peace negotiations led by former U.S. President Donald Trump.
While Radev has not publicly outlined his immediate plans following his resignation, he has previously hinted at the necessity for a political entity that unites all democratic factions across the political spectrum, emphasizing the need for fair elections and the principles of democratic development. According to a recent Market Links poll, Radev holds an approval rating of 44 percent. Political analysts believe that establishing a strong presence could provide Radev with a pivotal opportunity to navigate Bulgaria’s ongoing political challenges.
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