**President Aleksandar Vučić’s June 2026 announcement that he would resign within weeks and trigger early parliamentary elections—originally due in December 2027—has been the dominant driver of market sentiment.** In August 2026 he specified snap parliamentary votes for October 18 or 25, 2026, following more than 18 months of student-led anti-government protests sparked by the November 2024 Novi Sad railway-station canopy collapse that killed 16 people. These statements, delivered at ruling-party rallies and in national broadcasts, represent direct executive intent to dissolve the National Assembly ahead of schedule. Analysts note that Vučić, barred from a third presidential term, is positioning the Serbian Progressive Party (SNS) to secure a fresh mandate, potentially allowing him to transition into the prime minister’s office. With the proposed dates falling well before 2027 and no subsequent reversal or legal barrier reported, traders have priced in a high probability that the election will be formally called in the coming weeks. The only remaining procedural steps are the formal dissolution and date confirmation, both within the president’s authority and aligned with the timeline he has publicly committed to.