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November 21, 2008
Posted: 1810 GMT
MOSCOW, Russia – It's long been suspected Vladimir Putin wanted his old job back.Since stepping down after eight years from the Russian presidency in May, in favor of his hand-picked successor, Dmitry Medvedev, the former KGB agent - now Russian PM - has rarely been out of the public spotlight. But who could have imagined he'd be muscling his way back into the Kremlin so soon? Over the past two weeks, sweeping changes to Russia's constitution have been rushed through the country's rubberstamp parliament. They include an extension to the presidential term from four years to six – undemocratic, say critics. But the possible consequences of the amendments are more far-reaching than that. The changes still have to be approved by Russia's upper house, the Federation Council, and regional parliaments. But once they're adopted, expected to be soon, it could mean fresh elections in which the still overwhelmingly popular Mr. Putin could stand and likely win. So what's the big hurry? Well, speculation is rife that the financial crisis has panicked the Kremlin. They had been expected to wait until the next scheduled presidential elections in 2012 to stage a Putin comeback. But the economy is so bad, there's a growing chance the popularity tables could have turned against the leadership by then, making it hard for Putin to be re-elected with the resounding mandate he would want, if at all. With every day that passes, high inflation and low oil prices are sinking Russia's economy deeper into crisis. Expect early elections, and a return to the Kremlin for the man who never really let go of power. Posted by: CNN Senior International Correspondent, Matthew Chance |
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