Student List Wins Serbian Parliamentary Majority as Vučić Concedes After 14 Years in Power

What happened
Serbian leader Aleksandar Vučić conceded defeat in the October 25 snap election after the opposition Student List secured a projected 141 of 250 parliamentary seats.
The Context
* Fourteen years of single-party rule end: The Serbian Progressive Party stepped down from power following voter turnout that crossed the 60% mark across domestic and diaspora precincts. * Two years of student mobilisation paid off: The political shift follows sustained demonstrations sparked by the November 2024 Novi Sad railway canopy collapse, which killed 16 individuals and concentrated public focus on infrastructure governance. * Brussels fast-tracks dialogue: European Commission leadership confirmed immediate readiness to advance Serbia's EU accession roadmap, prioritising rule-of-law and market reforms over previous geopolitical balancing acts.
The Number
— the projected working majority captured by the Student List out of 250 seats, giving the incoming administration full legislative authority to enact structural reforms without forming an unstable multi-party coalition.
Takeaway
Expect immediate regulatory realignments toward European Union standards as the new government moves to formalise accession milestones, altering regional risk profiles for international business.
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