Bulgarian Prime Minister Nikolay Denkov has tendered his resignation at the National Assembly Registry Department, the Government Information Service said on Tuesday.

Denkov will make a statement for the media at 7 p.m. local time.

According to an arrangement made in early June 2023 between the two largest groups in the incumbent Parliament, Continue the Change-Democratic Bulgaria (CC-DB) and GERB-UDF, Denkov and Mariya Gabriel of GERB-UDF were to rotate as prime minister and deputy prime minister over a nine-month period, starting with Denkov. Subject to this understanding, the two parliamentary groups plus the Movement for Rights and Freedoms (MRF) voted the Denkov Cabinet into office on June 6, 2023. The rotation was due to take place on March 6, 2024.