Heritage party leader Raffi Hovannissian said he will decide on running for president by the end of October.

“If a person, who will be able to gain public trust and restore the rule of law, announces about his plans to run for president by the end of October, I will endorse him,” Mr. Hovannissian said, adding that the country needs new reliable candidates.

He further stressed the need for political and public consolidation ahead of 2013 presidential race.