Russian President Vladimir Putin has announced that he wants to be a president for a maximum of two terms in a row. However, an end to his term of office 2024 does not necessarily mean a renunciation of power. "I have always adhered to Constitution and I keep it," Putin said to journalists on fringes of an economic forum in St. Petersburg. According to Russian Constitution, a head of state may occupy post only two consecutive terms.
Putin was not confirmed until March, and his current term of office lasts until 2024. He was previously Russian president. In year 2000 he was elected to office for first time and 2004 confirmed in it.
In presidential election of 2008, Putin was not allowed to run for post again according to Constitution. At that time, Dmitry Medvedev, who was supported by him, was elected president, and Putin took over office of Prime Minister. In background, however, he continued to follow stripping observers.
In 2012, Putin ran presidential election again. He resolved Medvedev as head of state, now with a six-year term of office – and Medvedev, in turn, took over from Putin post of Prime minister. Putin has been leading Russia since 1999. If his presidency ends in year 2024, he will be 71 years old.