NEW : `` Never has such a smooth transition taken place before , '' said the head of the European Central Bank, Jean-Claude Trichet. Interim cabinet comprises members who served in Musharraf 's government . Bhutto released from house arrest . The caretaker government will oversee the parliamentary process until national elections , which are to be held no later than January 9 . Elections to be held before January 9 .
NEW : `` Never has such a smooth transition taken place before , '' said the head of the European Central Bank, Jean-Claude Trichet. Interim cabinet comprises members who served in Musharraf 's government . Bhutto released from house arrest . Elections to be held before January 9 .