7 April 2010 • 06:56 AMT
Armenia needs to diversify and develop economy
According to experts’ forecasts, Armenia’s economy is near to overcome the financial crisis, which has taught good lesson, revealing its most vulnerable sides - weak diversification, dependence on remittances, and bringing forth the necessity to stimulate local manufacturers for boosting export opportunities. General Manager of ProCredit Bank Armenia, Mr. Bertolt Hertzfeldt presented his vision for 2010 in an interview with PanARMENIAN.Net.