September 12th, 2007 03:28 EST
Vladimir Putin has accepted the resignation of Prime Minister Mikhail Fradkov's government.
The President said that it is time for the country to think about how to "build the power structure so that it better corresponds to the pre-election period and prepares the country for the time after the parliamentary elections and after presidential elections."
Mr Fradkov tendered his resignation saying that the country is facing political changes and that he wants to give the president full freedom of decision-making including staff decisions.
Mr Putin has asked the Prime Minister to carry out his duties until the State Duma approves a new candidate for the post.
The Russian President also thanked Fradkov for his work and the results he got during his time as Prime Minister.
Commenting the situation the Head of the International Affairs Committee of the State Duma, Kontantin Kosachyov, said it was quite predicatable and pointed out the importance of Mr Fradkov's decision.
“The most important thing for Russia now is to grant the continuity while holding first parliamentary and then presidential elections. I do believe that having stable government will ensure this continuity and stability. Mr Fradkov’s decision fully corresponds to the internal political logic of Russia’s development,” he commented.