"I don't see this election, any more than the one two years ago or the one four years ago, as a defining election," the New York Times quoted Giuliani as saying over the weekend in a speech at Pennsylvania's Wilkes University.
Giuliani dodged questions on his presidential ambitions, saying he expected to make a decision next year on whether or not to run. "I haven't made up my mind, nor has anybody else," he was quoted as saying.
Giuliani is likely to face a challenge from Arizona Senator John McCain in the race for the Republican nomination. McCain has also yet to formally state whether he will run.
A CNN poll last month showed Giuliani as the leading Republican candidate with 29 percent, followed closely by McCain with 27 percent.
Others being mooted as possible Republican hopefuls include Secretary of State Condoleezza Rice and Newt Gingrich, who led the 1994 Republican take-over of the House of Representatives and served as speaker.

Copyright AFP (Agence France-Presse), 2006