Putin refuses to rule out another run for presidency

Moscow - Russian Prime Minister Vladimir Putin said Thursday he would not rule out the possibility of running for president in 2012. "I will think about it. There's still enough time," Putin said during a nationally televised question-and-answer session.

When a viewer asked whether Putin would not rather devote more time to his family and lead a quiet life after his years of service, the ex-Kremlin chief answered: "You'll have to wait a while for that!"

Putin, who served as president of the Russia from 2000 to 2008, was barred for running for a third term in 2008 by the Russian constitution.

Dmitry Medvedev, the current president, nominated Putin as his prime minister after winning the 2008 election. Many observers of Russian politics believe that Putin, by far the country's most popular politician, will seek a third term after Medvedev's first four-year term.