Bulgaria’s left-leaning President Rumen Radev said on Monday that he is stepping down from office.
In a televised address, Radev said he would formally submit his resignation to the Constitutional Court on Tuesday.
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According to the constitution, Vice President Iliana Yotova will be sworn in by parliament and take over the presidency for the remainder of the government’s term.
Radev’s decision comes amid widespread speculation that he is preparing to launch a new political party.