President Boris Yeltsin announced on national television Friday that he had resigned and presidential elections will be held within 90 days to replace him.
Published:
31 December 1999 y., Friday
The announcement caught Russia by surprise, and is likely to launch the country into yet another political crisis as parties scramble for unexpected presidential elections. Looking pale and grim in a speech on national television, Yeltsin said he had turned over his powers to Prime Minister Vladimir Putin, his preference to succeed him as president.
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