Gorbachev to create an independent Social-Democratic party

The former USSR’s first and last president, Mikhail Gorbachev, is creating an independent social-democratic party.

“In the near future we shall make a statement we have created an independent social-democratic party,” he told the media. The initiative group has been converted into the initiative committee already, because the idea of creating such a party has met with wide popular support.

As follows from what Gorbachev said at the news conference, the new party’s program will be based on the anti-crisis initiative a group of Gorbachev Fund-friendly economists proposed sometime ago.

The former Soviet leader is certain that only a corresponding party will be able to implement these ideas.

“We have arrived at the conclusion that there must be such a party in the country,” he said.

Itar-Tass, 13.05.2009