Video posted online showed stunned citizens in Algiers' central Audin Square waving their arms with joy to a chorus of celebratory vehicle horns.
"The protests have paid off".
He also announced his decision to withdraw his candidacy from the upcoming election.
Born in the Moroccan city of Oujda to a family originally from the Algerian town of Tlemcen, west of Algiers.
Algerians took to the streets of the capital Algiers Tuesday to protest against President Abdelaziz Bouteflika's decision to delay presidential elections indefinitely.
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Julien Stéphan n'a toutefois pas souhaité polémiquer concernant la décision de l'UEFA. C'est une deuxième bizarrerie après l'inversion des matches.
Following the announcement, the president said the election - which had been set for April - would be postponed, but did not set a new date.
Hundreds of protesters have marched through the Algerian capital demanding President Abdelaziz Bouteflika's immediate resignation.
He was elected for a fourth term in April 2014 with 81.5 percent of the vote, despite not campaigning. "There was never any question of it for me".
"My health and my age only permit me to fulfill my last duty towards the Algerian people (that) is to work on laying the foundations of a new republic", wrote Bouteflika.
The president is expected to name prominent worldwide peacemaker Lakhdar Brahimi to head a new "national conference" aimed at setting an election date and drafting a new constitution. Perhaps not yet. A new constitution has been promised, but no timetable has been set.
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Current Interior Minister Nouredine Bedoui will replace Ahmed Ouyahia, who resigned as prime minister on Monday after the president's decision of not standing for election, the state news agency APS reported. Ratmane Lamamra was also promoted to Deputy Prime Minister, a first in Algeria.
But the longstanding leader, who has been rarely seen in public since suffering a stroke in 2013, failed to respond to the widespread demand for his immediate resignation. We want a republican and democratic state.
"Either a change in the constitution, which will take time, or the use of Article 107, which allows the president to take exceptional measures in case of "imminent danger to its institutions, to its independence or to its territorial integrity".
"Bouteflika has no right to prolong his mandate without the people's approval", said 22-year-old geology student Riad Labed. Algerians are also letting out pent-up anger at corruption that has left the country's oil and gas riches in the hands of a few while millions of young people struggle to find jobs. "This will be a sleepless night", said 25-year-old Abdelghani Hachi. Bouteflika did not give a date or timeline for the delayed election. "Once again he disrespects and violates the constitutional law", the activist said.
This is a breaking news story, more details to come.
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C'est un match décisif et nous ne voulons prendre aucun risque ". "On en saura un petit plus après l'entraînement de ce soir". Comme attendu, son remplaçant se nomme Philippe Coutinho , plus expérimenté mais moins en forme que le Français.
"This is a strategy to divide us, we should not stop now".