Bulgaria’s left-leaning president Rumen Radev has announced his decision to step down. Radev's decision on Monday comes amid public expectation that he will form a new political party. In a televised address, Radev said that he will formally submit his resignation to the Constitutional Court on Tuesday. “The battle for the future of our homeland lies ahead, and I believe we will face it together with all of you — the worthy, the inspired, and the unyielding," Radev said in his address. Under the constitution, the current vice president, Iliana Yotova, must be sworn in by parliament to take the post until the end of the mandate.