A New Begining
uOn December 7, 1991 the leaders of the three largest republics in Europe signed an agreement proclaiming the Soviet Union to be defunct and announcing the formation of a Commonwealth of Independent States (CIS) without any central state structure.
uEight other republics joined the CIS two weeks later.
uOn December 25, 1991, Mikhail Gorbachev announced his resignation as president in a solemn television address.
uThe Soviet parliament passed its final resolution, acknowledging the dissolution of the Soviet Union, on December 26.
uOn December 31 all functions of the first Communist state ceased: The USSR no longer existed.