Bulgarian President Announces Resignation

The President of Bulgaria, Rumen Radev, announced his resignation on Monday, sparking speculation about the formation of a new political party. The resignation comes after the failure of the country's three largest parties to form a government, leading to early elections. Radev had previously announced the intention to hold early elections, considering the deadlock created after the resignation of the previous government. The political situation in Bulgaria remains unstable, with the upcoming elections expected to shape the country's political landscape.