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Today is Oct. 12, 2008 05:21 AM (GMT +0400) Moscow
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Dmitry Medvedev has been inaugurated as the third president of Russia in St. Andrew’s Hall of the Grand Kremlin Palace today, May 7, 2008.
Photo: Dmitry Azarov
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May 07, 2008
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Medvedev Inaugurated as Russia’s President
Dmitry Medvedev has been inaugurated as the third president of Russia in St. Andrew’s Hall of the Grand Kremlin Palace today, on the day when the authority of second president, Vladimir Putin, finally expired.
Putin also arrived at the Kremlin, greeting for the last time the Kremlin regiment as the Supreme Commander-in-Chief. Similar to Putin in 2004, the winner of presidential elections, Dmirty Medvedev marched along the Kremlin halls.

Of significance is that Putin was the first to address the nation. “Assuming an office by president-elect is a very important stage,” he said, specifying that he regards the ethics of state power the highest of commitments. The commitment to guard Russia has always been and remains the main civic duty of the RF president. “I have followed it all these years and will follow it all my life,” Putin emphasized.

“We have completed the state power renewal based on the laws and principles of democracy,” the former president went on, adding that the country’s authorities have never ceased to care for the nation’s interests during that renewal. “So and in no other way, the state could be social and really capable of making the innovation breakthrough.”

Under the RF laws, the cabinet resigns after the president-elect is sworn in as president. The president is to name an acting prime minister and commit the cabinet to proceed with the work till the new government is endorsed. Pursuant to the RF Constitution, the candidacy of new prime minister is to be presented to the State Duma during two weeks, and the lower house of Russia’s parliament has a week to consider it. The procedure will hardly take much time this year - Medvedev had offered the office to Vladimir Putin even before presidential election.
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