September 24, 2011
Vladimir Putin has declared he planned to reclaim the Russian presidency at March elections that could open the way for the former KGB spy to rule until 2024.
The announcement, greeted by cheers at a congress of Prime Minister Putin’s ruling United Russia party, ended months of speculation over whether he or President Dmitry Medvedev would run.
The two have ruled in a power ‘tandem’ since Putin was forced by the constitution to yield the presidency four years ago after serving a maximum two consecutive terms.
‘It is a great honour for me,’ Putin said to a long standing ovation from thousands of party members in a Moscow sports stadium after Medvedev proposed his mentor return as president. ‘Thank you, I hope for your support.’