President Aleksandar Vučić’s June 27, 2026 announcement that he would resign within weeks and trigger early presidential and parliamentary elections, following more than 18 months of mass protests, remains the dominant driver of trader expectations for National Assembly dissolution. The president has not yet issued a decree or set a date, though he and allies have floated an autumn or late-2026 timeline. A recent no-confidence vote against the government has removed one procedural hurdle for snap elections. Under the constitution, dissolution by the president is required to schedule early legislative elections, which must occur 45–60 days later, with the next regular vote due no later than December 31, 2027. These factors, combined with Vučić’s history of calling early votes, underpin the strong market consensus favoring dissolution before year-end while leaving room for timing uncertainty.