INSTANT VIEW - Russia names new cabinet as key figures stay

Mon May 12, 2008 12:38pm BST
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - Russian Prime Minister Vladimir Putin announced his cabinet line-up on Monday, re-appointing the previous finance, economy, foreign and defence ministers.

ALEXEI MAKARKIN, CENTRE FOR POLITICAL TECHNOLOGIES

"As a whole, this is a transfer of players from the presidential administration (Sobyanin, Sechin), with whom the (former) president has worked well and harmoniously. He wants to surround himself with well-known figures, whom he fully trusts. This is a group of his closest trustees."

NATALIA ORLOVA, ALFA BANK

"I've been focusing on (finance minister Alexei) Kudrin's positions. Today, I don't feel that the economic block has been seriously modified. In principle, as long as changes to Kudrin's positions and FinMin remain limited, we can count on balanced economic policies and this should be perceived positively by the market".

SERGEI SUVEROV, VICE-PRESIDENT, DEUTSCHE BANK

"The news is neutral for the market. The government seems to be well balanced."

"Shuvalov, as an advocate of liberal economic policies, will most likely coordinate the work of the economic block. This is positive as well as the fact that all economic ministers have kept their positions."

"It is quite surprising that (former telecoms minister Leonid) Reiman did not make it to the new government list, which will create uncertainty around privatisation of (state telecoms firm) Svyazinvest."  Continued...

 
advertisement
 

Most Popular on Reuters UK