President of Bulgaria announced his resignation

President of Bulgaria Rumen Radev announced his resignation.

As reported by BAKU.WS with reference to TASS, he addressed the nation and announced that he intends to participate in early parliamentary elections, which became inevitable after political parties in the highest legislative body refused to take action to form a new government.

"In the morning [of January 20], I will submit my resignation. I am confident that [Vice President] Iliana Yotova will be a worthy replacement for me in the presidential office," Radev said.