The outcome of the battle shaped the balance of power in the Balkans for the next decades to come and although Bulgaria did not lose territory, the Serbs could occupy much of Macedonia.
Ivan Stefan, son of Michael Shishman and Stefan's sister
Anna Neda, succeeded for eight months from 1330 to 1331 as
tsar of Bulgaria, with the help of his uncle
Stephen Dečanski. On 2 August the Bulgarian
boyars proposed peace to the Serbian king Stephen Dečanski. Stephen Dečanski met them in the area known as
Mraka and accepted the proposal and agreed that Ivan Stephen should become emperor of Bulgaria, thus abandoning the idea of uniting the two countries under the sceptre of his son Stephen Dušan. After the agreement of Mraka was reached, Anna Neda her sons were informed to go to the Bulgarian capital
Tarnovo. Ivan Stephen entered the city and was proclaimed emperor in the second half of August 1330. Although he was in his early 30s, Ivan Stephen ruled together with his mother; the reasons for that are unknown. Hearing the news of his ally's death, Andronikos decided to abandon the war with Serbia and headed to take advantage of the Bulgarian weakness. However, in 1332 the Bulgarians defeated the Byzantines in the
battle of Rusokastro and regained many territories in
Thrace. King Stefan reached Macedonia and regained the towns that were taken by Byzantines at the beginning of the campaign. After a successful end of the war Stefan returned to building the
Visoki Dečani monastery, his grand edifice in the region of
Metohija, which he bestowed with many villages in a charter issued at the end of the year. In the beginning of the year 1331 young king
Stefan Dušan rebelled against his father, possibly on the course of further actions against the Byzantine Empire. In stark contrast with his pious father, Dušan was aggressive and was supported by those Serbian nobles who desired wider exploits of the victory by Velebuzhd. During the rebellion (January to April), Bulgarian nobles dethroned Ivan Stefan and brought to rule Ivan Alexander (1331–1371) cousin of Michael. In the long run Velbuzhd opened a period of around 20 years in which
Serbia rose to be the strongest state in
South-Eastern Europe. When Dušan succeeded in taking over of the throne later in 1331 he launched attacks on Byzantine possessions, securing northern
Macedonia in 1333–1334. Later, he exploited the
Byzantine civil war of 1341–1347 to expand his control over all of Macedonia,
Albania,
Epirus, and
Thessaly. Bulgaria and Serbia kept friendly relations and in 1346 Stefan Dušan was crowned Emperor. On 16 April 1346, in
Skopje (former
Bulgarian capital), he had himself crowned
Emperor of the Serbs and Greeks, a title signifying a claim to
succession of the Byzantine Empire. These actions, which the Byzantines received with indignation, appear to have been supported by the
Bulgarian Empire and
tsar Ivan Alexander, as the
Patriarch of Bulgaria Simeon had participated in both the creation of a
Serbian Patriarchate of Peć and the imperial coronation of Stefan Uroš IV Dušan. Dushan made marriage alliance with
Bulgarian tsar
Ivan Alexander, marrying his sister
Helena. == Epic poetry ==