The Bulgarian Prime Minister Boyko Borisov resigned after his party’s candidate failed to win the second round of the country’s presidential election.
Boyko Borisov government would continue in their positions until a new cabinet was formed.
Socialist Party-supported independent candidate Rumen Radev beat centre-right Citizens for European Development of Bulgaria (GERB) party candidate Tsetska Tsacheva.
Tsacheva, chair of the National Assembly, lost the second round with 36.17 per cent of the vote to Radev, who secured 59.35 per cent.
The current coalition formed by GERB, the centre-right Reformist Bloc and the nationalistic Patriotic Front has seen constant friction among the three parties since coming to power at the end of 2014.