Edi Rama’s Socialist Party secured a parliamentary majority in the 2025 elections, forming the Rama IV government in September 2025 with a mandate extending through 2029 and no scheduled parliamentary vote until mid-2029. Rama has repeatedly affirmed his intent to complete the full term, including public statements rejecting resignation calls amid the ongoing “Flamingo Revolution” protests over a controversial coastal development. The ruling party retains firm control of the legislature, enabling it to weather demonstrations and related legal matters involving allies such as Tirana’s mayor. These structural factors, combined with the absence of early-election triggers or successful no-confidence mechanisms, underpin traders’ strong consensus that Rama will remain prime minister through the end of 2026.