Medvedev sworn in as Russian president

2008-05-07 02:21:06 Xinhua English

Russian president-elect Dmitry Medvedev attends a meeting in the Kremlin in Moscow May 6, 2008. Russian President Vladimir Putin is handing over to his successor a booming economy, bumper currency reserves and a major headache over how to stop the rosy economic picture from turning bad. [Agencies]

MOSCOW, May 7 (Xinhua) -- Russia's new president Dmitry Medvedev was sworn in on Wednesday, succeeding Vladimir Putin two months after he swept the country's presidential election.

The inauguration ceremony was held at the Kremlin at noon and was attended by senior officials as well as foreign guests.

Medvedev, the third and youngest Russian head of state since the collapse of the Soviet Union in the 1990s, swept the March 2 elections thanks to Putin's endorsement.

The former law professor and first deputy prime minister has pledged to continue Putin's set policies and Putin, who has just completed his two terms as president, is expected to take the role of prime minister on Thursday.