Germany President Joachim Gauck says he won't seek 2nd term

German President Joachim Gauck says he won't seek a second term in 2017 because he is getting too old for the job.

The 76-year-old said in a short statement Monday that he would complete his five-year term but didn't feel he was up to another because "the years between 77 and 82 are different than those that I'm in right now."

Germany's president performs a largely ceremonial role that has little executive power, but is considered an important moral authority.