Editorial

The FINANCIAL -- The bouts of sharp lari depreciation in the recent months caused much anxiety among the population, prompting fears of inflation, loan defaults, bank failures, and the typical Georgian political speculations over “who is to ...

The FINANCIAL -- The post-communist world lost one of its greatest sons last week – a freedom fighter who devoted his life to the daunting task of cleansing Eastern Europe and Eurasia from the ...

The FINANCIAL -- In October 2014, the seasonal rally of ISET’s Khachapuri Index came to an unexpected (temporary) halt. At 3.35GEL, the Index dropped 0.1% both month-on-month (relative to September ...

The FINANCIAL -- All khachapuri ingredients, except eggs, have significantly increased in price in September 2014 relative to the same month of last year: cheese added 19.7%, flour - 17.2%, butter - ...

The FINANCIAL -- After consistent increases in two previous months, the average cost of cooking one standard Imeretian khachapuri stayed at 3.35 GEL in October 2014, unexpectedly bringing the ...

Not surprisingly, the recent NATO summit in Wales has dominated headlines in the Georgian press. Unlike in previous years, officials in Tbilisi stuck to promises that Georgia was primed to receive ...

The FINANCIAL -- Bubbles belong to the most fascinating phenomena in a market. Suddenly, people are willing to pay prices which are completely out of touch with the fundamental economic values of ...

The FINANCIAL -- In November 2014, the average cost of cooking one standard Imeretian Khachapuri varied across Georgian cities from 3.23 GEL, the minimum observed in Telavi, to 3.51 GEL, the maximum ...