Putin Marks 25 Years Since First Presidential Address with New Year Message

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Vladimir Putin delivered an optimistic midnight address to Russians on the 25th anniversary of his first presidential speech, expressing confidence that “everything will be fine” in 2025 and emphasizing national advancement.

The Russian leader focused on domestic themes, stating “the absolute value for us was, is and will be the fate of Russia, the well-being of its citizens.” While acknowledging soldiers fighting in Ukraine, Putin avoided specific mentions of the ongoing war or economic challenges.

Russia faces significant economic pressures with inflation reaching 9.5% in 2024, following the central bank’s decision to maintain its key interest rate at 21%.

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