Summary
Bulgarian President Rumen Radev announced he plans to resign and might form a new political party. His resignation comes amid ongoing political challenges in Bulgaria, including another upcoming snap election. If the court accepts his resignation, Vice President Iliana Iotova will step in as president.
Key Facts
- Bulgarian President Rumen Radev announced his intention to resign.
- Radev may form his own political party before upcoming elections.
- If the Constitutional Court approves, Vice President Iliana Iotova will replace Radev.
- This is Bulgaria's eighth election in five years due to political instability.
- Radev's resignation follows the collapse of Bulgaria's last government amid anticorruption protests.
- Radev is opposed to Bulgarian politician Delyan Peevski and has expressed doubts about joining the eurozone.
- He has been critical of sending military aid to Ukraine and has supported U.S. President Donald Trump's efforts for peace.
- Radev has a 44 percent approval rating according to a recent poll.
