Tags: putin | russia | elections | parliament | september

Putin Signs Law Likely to Strengthen His Hand in Russia

Wednesday, 15 July 2015 07:06 AM EDT

Russian President Vladimir Putin set the date for early parliamentary elections in September next year as his country slides into its first recession since 2009.

Putin signed a law moving the State Duma vote from Dec. 4 to Sept. 18, 2016, after the two houses of parliament approved the change earlier this month. The move is intended to help pro-Putin parties against Kremlin opponents because it would be preceded by a low-key campaign over the summer, when many Russians are on vacation, according to opposition activists.

The Kremlin said last month that experts will also study an idea floated by former Finance Minister Alexey Kudrin, a Putin ally, of calling early presidential elections, a move that could give the Russian leader a fresh term while opinion polls show his public-approval rating at a record high of almost 90 percent.

Putin, 62, who can stand for re-election for another six-year term in 2018, is facing a worsening economic climate likely to be exacerbated by Tuesday’s historic deal to lift international sanctions against Iran in return for curbs on its nuclear program.

Russia’s economy is reeling from the impact of an almost 50 percent drop in oil prices, to around $58 a barrel, since June 2014, as well as the effects of U.S. and European Union sanctions over the Ukrainian conflict. Oil could tumble another $15 a barrel once sanctions on Iran are lifted, the Energy Information Administration said in April.

© Copyright 2025 Bloomberg News. All rights reserved.


GlobalTalk
Russian President Vladimir Putin set the date for early parliamentary elections in September next year, a move that's intended to help pro-Putin parties as his country slides into its first recession since 2009.
putin, russia, elections, parliament, september
239
2015-06-15
Wednesday, 15 July 2015 07:06 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved