Since president Vladimir Putin was confirmed in office last May, he has been scorned for being a dictator in the making and hailed as the most liberal and reform-minded politician Russia has had since its rebuilding began. Depending on where you stand, he will still fit both descriptions.
“There are two Putins: an economic one and a political one,” says Roland Nash, senior political analyst with Russian investment bank Renaissance Capital.
Widely believed at first to be a creation of “the Family” – the group of well-connected businessmen and oligarchs close to the Kremlin during the Yeltsin era – Putin has made considerable progress in consolidating his personal hold on power.
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