Sofia: Bulgarian President Rumen Radev announced that the resignation of the current government is 'inevitable' and advocated for snap elections as the only feasible solution, following widespread protests against the government's budget policies and allegations of corruption.

According to Anadolu Agency, Radev addressed the nation via Bulgarian National Television, stating that the ruling coalition has lost its legitimacy and has failed to fulfill public expectations. He emphasized the need for real change to restore statehood, something he believes the current coalition is incapable of achieving.

Radev called on Bulgarians to seize what he described as a 'historic chance' for renewal, urging unity, will, and wisdom amid rising social and political tensions. He noted that recent demonstrations included participants from all generations, countering claims that the unrest was solely about dissatisfaction with the government's budget.

The president argued that protests were directed against systemic issues such as state capture, corruption, lawlessness, and unresponsiveness of the political class. He criticized the existing coalition for dividing society into those in power and the disillusioned voters.

Addressing 'gentlemen oligarchs,' Radev highlighted their underestimation of the determination of both older generations and young people who care deeply for Bulgaria. He also reached out to those who did not participate in the protests but share similar grievances, emphasizing the importance of not missing this opportunity for change.

Radev stressed that unity is essential to prevent provocations and attempts to hijack the protest movement, warning against the privatization of the protests which could undermine the hopes of the majority. He concluded by insisting on the need for radical and real change to restore trust in institutions and the rule of law, a process he believes the current government cannot deliver.