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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (80)	4/28/1998 4:07:00 PM
From: Real Man	Respond to of 1301

Will this jump-start the market? MOSCOW, April 28 (AFP) - Boris Nemtsov was named deputy prime minister by Russian President Boris Yeltsin on Tuesday, Interfax reported, citing Kremlin officials MOSCOW, April 28 (AFP) - Newly-appointed Russian Deputy Prime Minister Boris Nemtsov said Tuesday his brief had been expanded, Interfax reported. Government sources said the reformer would also become acting premier in the absence of Prime Minister Sergei Kiriyenko, the agency added. MOSCOW, April 28 (AFP) - Boris Nemtsov, appointed Russian deputy prime minister on Tuesday, is a pioneer of Russian reform -- the darling of western investors and widely tipped as a Russian president of the future. First appointed to the federal government a year ago, Nemtsov has survived President Boris Yeltsin's robust cabinet shake-up to resume his high-profile government career with broader responsibilities in a triumvirate of young reformist leaders set to breathe new life into Russia's flagging reform process. With his tousled dark hair and professed love of sport, particularly tennis, Nemtsov, 38, was a breath of fresh air when first appointed to the sometimes musty corridors of power in Moscow just over a year ago. And as the first 'virtual' Russian government official -- Nemtsov opened his own web site at www.nemtsov.ru last month -- the rising star further enhanced his reputation as the telegenic, user-friendly, can-do cadre. "Naturally, the sphere of my competence will extend," Nemtsov told ITAR-TASS on hearing of his re-appointment to a streamlined cabinet which boasts only two deputy premiers where there had been three before. Born in the Black Sea city of Sochi in October 1959, Nemtsov studied radiophysics in Gorky, later renamed Nizhny Novgorod, which was a closed town during the Soviet period due to its strategic military industries. Having obtained a doctorate at 25, Nemtsov launched himself into politics, and in the wake of the 1986 Chernobyl disaster led local opposition to plans to build a nuclear power station in Nizhny Novgorod. It was the first of a string of political victories. In 1990, aged 31, he was elected to the Soviet parliament, and a year later was running the Nizhny Novgorod region as governor, piloting through an ambition package of reforms and privatisations which were to become the model for the whole of Russia. It was not immediately clear what Nemtsov's exact responsibilities would be in the new cabinet.