Berliner Boersenzeitung - Russia: Is Putin's time nearly up?

EUR -
AED 3.799134
AFN 73.438201
ALL 97.433277
AMD 413.677548
ANG 1.864995
AOA 945.904829
ARS 1070.787069
AUD 1.659857
AWG 1.864403
AZN 1.760706
BAM 1.943498
BBD 2.089375
BDT 125.981359
BGN 1.953864
BHD 0.389847
BIF 2999.594485
BMD 1.034343
BND 1.40867
BOB 7.150669
BRL 6.312081
BSD 1.03475
BTN 88.691751
BWP 14.34208
BYN 3.386432
BYR 20273.121346
BZD 2.078623
CAD 1.484985
CDF 2968.051644
CHF 0.940704
CLF 0.037667
CLP 1039.348891
CNY 7.578062
CNH 7.593685
COP 4486.286602
CRC 525.766973
CUC 1.034343
CUP 27.410088
CVE 110.357602
CZK 25.125737
DJF 183.823516
DKK 7.460737
DOP 63.493141
DZD 140.065581
EGP 52.394123
ERN 15.515144
ETB 130.378803
FJD 2.402159
FKP 0.819181
GBP 0.828892
GEL 2.911692
GGP 0.819181
GHS 15.215488
GIP 0.819181
GMD 72.916023
GNF 8914.284911
GTQ 7.988359
GYD 216.497544
HKD 8.044551
HNL 26.307482
HRK 7.419245
HTG 135.063782
HUF 415.48507
IDR 16740.840254
ILS 3.771354
IMP 0.819181
INR 88.753653
IQD 1354.989233
IRR 43532.90887
ISK 145.30439
JEP 0.819181
JMD 161.853949
JOD 0.733762
JPY 163.397194
KES 133.946967
KGS 89.987599
KHR 4178.745149
KMF 491.31265
KPW 930.908055
KRW 1504.616996
KWD 0.318878
KYD 0.862333
KZT 547.032165
LAK 22546.092152
LBP 92677.126333
LKR 305.784478
LRD 193.422115
LSL 19.345756
LTL 3.054146
LVL 0.625664
LYD 5.092715
MAD 10.381958
MDL 19.092963
MGA 4856.239658
MKD 61.482865
MMK 3359.505476
MNT 3514.697127
MOP 8.28786
MRU 41.218297
MUR 48.045281
MVR 15.980302
MWK 1793.550335
MXN 21.021706
MYR 4.641612
MZN 66.095096
NAD 19.340492
NGN 1593.92255
NIO 38.078606
NOK 11.732861
NPR 141.907767
NZD 1.835912
OMR 0.398185
PAB 1.03484
PEN 3.900521
PGK 4.204593
PHP 60.26237
PKR 288.012882
PLN 4.262372
PYG 8184.19654
QAR 3.766058
RON 4.971774
RSD 117.054528
RUB 110.935423
RWF 1433.599295
SAR 3.882409
SBD 8.675604
SCR 14.707638
SDG 621.640186
SEK 11.502716
SGD 1.41104
SHP 0.819181
SLE 23.562738
SLL 21689.657115
SOS 591.124918
SRD 36.279062
STD 21408.810234
SVC 9.054687
SYP 2598.817883
SZL 19.341963
THB 35.746472
TJS 11.3103
TMT 3.630544
TND 3.289058
TOP 2.422533
TRY 36.551559
TTD 7.019501
TWD 33.917447
TZS 2563.773055
UAH 43.76784
UGX 3821.809118
USD 1.034343
UYU 45.511923
UZS 13399.187245
VES 54.824057
VND 26241.280028
VUV 122.799264
WST 2.85767
XAF 651.824846
XAG 0.034443
XAU 0.00039
XCD 2.795363
XDR 0.796948
XOF 651.635981
XPF 119.331742
YER 257.809942
ZAR 19.351628
ZMK 9310.330343
ZMW 29.05183
ZWL 333.058
  • NGG

    -0.2700

    58.6

    -0.46%

  • CMSC

    -0.2600

    23.23

    -1.12%

  • SCS

    -0.2400

    11.2

    -2.14%

  • GSK

    0.1300

    34.09

    +0.38%

  • RYCEF

    0.1100

    7.2

    +1.53%

  • RBGPF

    -2.6900

    59.31

    -4.54%

  • RIO

    -0.1900

    58.19

    -0.33%

  • CMSD

    -0.2700

    23.46

    -1.15%

  • BTI

    -0.1900

    36.78

    -0.52%

  • BCE

    -0.0800

    23.86

    -0.34%

  • BP

    0.8100

    31.83

    +2.54%

  • VOD

    -0.0600

    8.41

    -0.71%

  • BCC

    -2.0000

    118.22

    -1.69%

  • RELX

    0.3300

    45.98

    +0.72%

  • AZN

    -0.2000

    66.64

    -0.3%

  • JRI

    -0.2300

    12.22

    -1.88%


Russia: Is Putin's time nearly up?




The reign of Russian dictator and war criminal Vladimir Putin (72) has spanned more than two decades, characterized by tight control over domestic politics, a formidable security apparatus, and accusations of organized corruption within ruling circles. As 2025 approaches, questions arise about the longevity of this power structure: could Putin and what some call his “criminal power apparatus” be at risk of losing power?

The Current Political Landscape - Constitutional Amendments:
In 2020, Russia’s constitution was amended, allowing Putin to seek additional terms. Critics argue that this move secured his grip on power and could enable him to remain in office until 2036. However, these legal changes have not entirely quelled public discontent, particularly among younger Russians eager for political and economic reforms.

Tightening Repression
Over the past few years, opposition figures and independent journalists have faced increasing pressure—from arrests to legal restrictions on free speech. Detractors say this crackdown reflects concern within the Kremlin about a growing undercurrent of dissatisfaction, including fears of large-scale protests.

Economic Strains
Western sanctions, imposed in response to Russia’s foreign policy choices and alleged human rights abuses, continue to bite. A struggling economy may weaken the social contract between the ruling elite and the broader population, especially as living standards fail to improve.


Possible Pathways to a Loss of Power - Popular Protest and Grassroots Movements:
Dissatisfaction with corruption, economic stagnation, and political repression could spark large-scale demonstrations. If protest movements gain momentum—similar to events in other post-Soviet states—the Kremlin may struggle to maintain total control.

Elite Fragmentation
Putin’s inner circle comprises powerful oligarchs, security officials, and political loyalists. Internal power struggles, sparked by competing economic interests or frustration with ongoing sanctions, could undermine the president’s position. In a worst-case scenario for the Kremlin, factions within the elite might unite behind an alternative leader, potentially orchestrating a smooth transition or even a coup.

Geopolitical Fallout
Russia’s international standing has diminished in some circles due to conflicts like the war in Ukraine. Should military or diplomatic ventures fail, or sanctions intensify, public opinion could turn sharply against the current regime, eroding the facade of strength Putin has built.


Obstacles to Regime Change - Consolidated Power Structures:
Putin’s administration has effectively centralized power, with loyalists overseeing defense, security, and major financial institutions. This entrenched network makes any direct challenge difficult, as potential opponents often lack the institutional leverage to mount a serious campaign for change.

State-Run Media
Russian state media wields considerable influence, shaping public perception by promoting official narratives and downplaying dissent. A significant share of the population remains loyal, or at least resigned, to the status quo—partly due to selective media coverage.

Security Apparatus
Instruments like the Federal Security Service (FSB) and the National Guard have shown readiness to suppress protests and harass opposition leaders. Their loyalty to the Kremlin remains a key pillar preventing large-scale destabilization.


Scenarios for 2025 and Beyond - Gradual Transition:
Putin, possibly eyeing his legacy, might orchestrate a carefully managed succession. A handpicked successor could maintain most of the existing power structures, mitigating radical upheaval. This scenario protects the interests of the political elite while granting nominal reforms to placate an increasingly restless public.

Sudden Upheaval
A culmination of economic woes, elite rivalries, and public unrest could trigger a rapid collapse of the regime. Though still less likely given Russia’s robust security institutions, the potential for sudden change cannot be discounted.

Maintaining the Status Quo
Despite the speculation, Putin’s leadership might endure if economic conditions stabilize or if repression remains effective. Continued centralization of power and control over media channels could solidify the Kremlin’s dominance well past 2025.


Conclusion
While the idea of Vladimir Putin and his so-called “criminal power apparatus” losing control in 2025 makes for a compelling debate, multiple factors will influence the outcome—ranging from grassroots discontent to elite power struggles and geopolitical pressures. Despite growing dissatisfaction and economic challenges, the Kremlin still commands significant tools of control. Whether these tools will suffice in the face of mounting pressures remains one of the most important questions for Russia’s future.

As 2025 nears, Russia’s political trajectory stands at a crossroads. The prospect of major change is neither guaranteed nor impossible. Ultimately, the stability of Putin’s reign will depend on how effectively he navigates the economic, social, and international pressures that continue to shape Russia’s destiny.