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President Radev Resigns, Plans New Party Ahead of Elections

1/24/2026

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Summary

Story summary

President Rumen Radev resigned on January 23, 2026, after the Constitutional Court approved his resignation.
He plans to form a new political party ahead of the upcoming parliamentary elections.
He handed over duties to Vice President Iliana Iotova, Bulgaria's first female president.
The elections will be Bulgaria's eighth in four years.

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Story summary

President Rumen Radev resigned on January 23, 2026, after the Constitutional Court approved his resignation.
He plans to form a new political party ahead of the upcoming parliamentary elections.
He handed over duties to Vice President Iliana Iotova, Bulgaria's first female president.
The elections will be Bulgaria's eighth in four years.