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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who wrote (65)	4/17/1998 5:31:00 PM
From: Real Man	Read Replies (1) of 1301

Next week will likely be the time to buy Russian shares. The deputees aren't going to vote themselves out of their high-paying jobs. -Vi MOSCOW, April 17 (AFP) - President Boris Yeltsin "will dissolve" the Russian Duma if it rejects his candidate for premier, Sergei Kiriyenko, a third time, the head of the country's constitutional court said Friday. "It isn't a question of whether the president can or must (dissolve the lower house of parliament) -- he will dissolve it," Marat Baglai told the Interfax news agency. Under the 1993 Russian constitution, the dissolution of the Duma by Yelstin is automatic if it rejects Kiriyenko one more time. The 35-year-old technocrat has already failed twice to garner sufficient votes to become prime minister, the first last week and again earlier Friday. Both times directly afterwards, Yeltsin renominated Kiryenko for the post. The next vote is to take place next week, likely next Friday. The next legislative elections are scheduled for December 1999.

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