Serbia has chosen - Tomislav Nikolic has been elected new Serbian president.
Nikolic, 60, promised to steer a pro-European course.
"Serbia will not turn away from the European path," he said.
"These elections were not about who will take Serbia to the EU, but who will solve the economic problems created by the Democratic Party" of Boris Tadic, Nikolic added.
Tadic, leader of the Democratic Party (DS), served as Serbia's president for two mandates since 2004, and was on Sunday seeking his third term in office.
Serbia's citizens decided that Tomislav Nikolic will be the new Serbian president and I congratulate him on the achievement, Tadic said.
“The victory was earned in a fair battle, and I wish him all the best,” Tadic said.
Tadic added that he would "certainly not assume the prime minister's seat", while the talks about forming Serbia's new government should begin tomorrow.
According to the latest information provided by the Center for Democracy and Free Elections (CeSID), Tomislav Nikolic won 49.8 percent of votes, while Tadic recieved 47 percent, with the turnout of 46.3%, the lowest ever since 2004.