Bulgarian President Rumen Radev has announced his resignation ahead of expected snap parliamentary elections, triggering widespread speculation that he intends to form a new political party and contest the vote. Radev confirmed his decision during a televised address on Monday evening, declaring, “Today, I am addressing you for the last time as president of Bulgaria.” He said he would submit his resignation to the Constitutional Court the following day. Vice President Iliana Iotova is expected to assume the role of acting president once the court approves the move.