**Serbia’s National Assembly faces dissolution ahead of snap parliamentary elections now scheduled for October 18 or 25, 2026.** President Aleksandar Vučić’s August 20 announcement directly follows his June 27 pledge to resign and trigger early votes amid sustained anti-government protests. Under the constitution, the president dissolves the assembly, after which elections must occur within 45–60 days, aligning with prior snap polls in 2022 and 2023. Recent parliamentary actions, including electoral-law amendments and an ODIHR needs-assessment mission, indicate preparations are underway. Trader consensus reflects high implied probability of prompt dissolution because the election timeline leaves little room for delay, though the exact timing remains subject to the president’s discretion and any final coalition adjustments. No other constitutional triggers, such as failure to form a government, currently apply.