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Sergey Guriyev, when talking about Putin's economic policy, divided it into four distinct periods: the "reform" years of his first term (1999–2003); the "statist" years of his second term (2004—the first half of 2008); the world economic crisis and recovery (the second half of 2008–2013); and the Russo-Ukrainian War, Russia's growing ...
Putin reached the term limit upon the end of his second four-year term in 2008. His political future became a subject of debate in Russia, with his supporters arguing that he needed a third term to finish implementing his reforms. [5] To stay in power, Putin chose Dmitry Medvedev as a loyal replacement to serve as president on his behalf. [6]
Election logo. Presidential elections were held in Russia from 15 to 17 March 2024. [1] [2] [a] It was the eighth presidential election in the country.The incumbent president Vladimir Putin won with 88% of the vote, the highest percentage in a presidential election in post-Soviet Russia, [4] gaining a fifth term in what was widely viewed as a foregone conclusion.
Russia is holding a presidential election that is all but certain to extend Vladimir Putin’s rule throughout this decade and into the 2030s. Putin is coasting towards another term in power.
TALLINN, Estonia (AP) — As Vladimir Putin heads for another six-year term as Russia's president, there's little electoral drama in the race. What he does after he crosses the finish line is what ...
PHOTO: Russian President Vladimir Putin holds a video conference meeting with Chinese President Xi Jinping at the Novo-Ogaryovo state residence outside Moscow, Jan. 21, 2025.
The overall tax burden was lower in Russia under Putin than in most European countries. [151] President Putin signed into law in 2024, a bill imposing a 13% progressive wealth tax for those earning up to 2.4 million rubles ($27,500) annually, a 22% income tax on those earning above 50 million rubles ($573,000), and a 5% increase on corporate taxes.
Putin used the the first moments of his fifth term to thank the “heroes” of his war in Ukraine and to rail against the West. Russia “does not refuse dialogue with Western states," he said.