Bulgarian President Resigns, Triggering Early Elections

The President of Bulgaria, Rumen Radev, announced his resignation today, triggering speculation that he will form his own political party after the government's resignation last month. Last week, Radev announced that the country would hold early elections after the three largest parties in the country refused to take responsibility for forming a government, following the previous government's resignation last month amid widespread protests. The political situation in Bulgaria remains unstable, with protests being a significant factor of pressure for political change. The President's resignation adds another level of uncertainty to the country's political scene.