**Aleksandar Vučić resigned as president on September 27, 2026, after nearly two years of student-led protests sparked by the November 2024 Novi Sad railway station canopy collapse that killed 16 people and fueled widespread allegations of corruption and mismanagement.** Serbia’s constitution requires a presidential election within 90 days of resignation, setting a deadline around late December 2026. Acting President Ana Brnabić, the outgoing parliament speaker and Vučić ally, holds interim authority until the vote. Snap parliamentary elections on October 25 will determine the new government and speaker, who could then influence the presidential timeline. Vučić, barred from a third presidential term, is running for prime minister on the Serbian Progressive Party list, while opposition groups including the student-backed “Students Win” list challenge the ruling party. These sequenced votes and procedural rules shape trader assessments of when and by whom the presidential contest will be formally called.