The incumbent Prime Minister Vladimir Putin won the Russian Presidential Election with 63.75 percent of votes as per the result declared by the Russian Central Election Commission (CEC) on 5 March 2012.Communist leader Gennady Zyuganov came second with 17.18 percent of the votes whereas Mikhail Prokhorov secured 7.98 percent.
Putin has already served eight years as President (2000-2004 and 2004-2008) and four years as PM (2008-2012). This will be his third term as President, which will last 6 years.
Initially, the Presidential term in Russia was four years. In December 2008, a constitutional amendment was passed to extend the Presidential term to six years.That was to take effect after the following presidential election in Russia. Significantly, Russia's constitution has a provision that no President can serve more than two consecutive terms.
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