
Yeltsin resigns and hands power to Putin
Shortly after midday on 31 December 1999 Boris Yeltsin, Russia’s first elected president, announced on television that he was stepping down. Russia, he said, should enter the new millennium with new politicians and new faces, and he asked forgiveness for the hopes that had not come true.
Under the constitution his powers passed to the prime minister, Vladimir Putin, a former KGB officer he had appointed only that August. Putin won the presidential election held in March 2000.
Read the full storyHistory & Timeline →Source: President of Russia: President Boris Yeltsin announced his resignation and appointed Prime Minister Vladimir Putin acting president ↗



















