President Aleksandar Vučić’s public signals in early May 2026 that he will decide within days on a snap parliamentary vote—potentially by late June or November—have anchored trader consensus at an 87.5 percent implied probability for an election before the scheduled 2027 deadline. Ongoing student-led protests since the November 2024 Novi Sad station collapse continue to press for early polls, while the ruling Serbian Progressive Party’s strong performance in March 2026 municipal contests has reinforced Vučić’s position to time the contest. Recent consultations with coalition partners and reform announcements further indicate parliamentary dissolution remains likely within the current mandate, though final timing hinges on Vučić’s assessment of opposition strength and domestic stability.