President Aleksandar Vučić’s repeated public statements have driven the 65.5% implied probability for a Serbian parliamentary election before 2027. In May 2026 he specified a window between late September and mid-November, following earlier signals from late 2025 and April 2026 that pointed to polls sometime in 2026. These comments coincide with more than a year of student-led protests demanding early voting and accountability, alongside coalition consultations and references to testing Serbian Progressive Party support ahead of the statutory December 2027 deadline. No formal dissolution decree has been issued as of mid-June 2026, leaving room for timing adjustments tied to protest dynamics or internal calculations, which traders appear to weigh against the consistent leadership signals.