May 7, 2008
Medvedev inaugurated as Russia's third president
Dmitry Medvedev was inaugurated as Russia's third president on Wednesday in a glittering ceremony at the Grand Kremlin Palace in front of some 2,400 guests as Vladimir Putin stepped down after eight years as head of state.
The inauguration ceremony began at 11:45 a.m. Moscow time (07:45 GMT) and after the outgoing Putin had made a short speech, Medvedev swore an oath on a copy of the Russian Constitution. He then addressed the assembled dignitaries as Russia's new president. The entire ceremony was shown live on national television and the Internet.
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... and his first official act was to nominate VVP for PM.
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