Georgia

Current Condition Of Commercial Banks Loan Portfolio

The FINANCIAL -- The volume of lending by commercial banks (including loans to non-residents) in December 2018 increased by 480.3 million GEL or by 1.8 percent compared to the previous month (exchange rate effect excluded volume of lending increased by 2.1 percent) and constituted 26.6 billion GEL by January 1, 2019, National Bank of Georgia ...

Irakli Abesadze: “During the rule of the Georgian Dream, prices have increased by 20% on goods, by 18% on utilities, by 60% on medicines and by 37% on healthcare.”

The FINANCIAL -- Verdict: FactCheck concludes that Irakli Abesadze’s statement is ...

Are Giorgi and Mariam more employable than Arthur and Zeynab?

The FINANCIAL -- It all started with a simple exercise for my Master’s project in which I tried to understand the underlying causes of the observed wage gap between ethnic Georgians and ethnic ...

Fast-moving consumer goods sector in Georgia will grow to 11 Million Lari in the next 6 years

TBC Capital’s research about the fast-moving consumer goods sector is the first investment analysis to have been done of this sector. Preparation of the survey was led by the growing demand from ...

Giorgi Kakauridze: We Did Not Have a Deficit Spending, At the End of Each Month, We Had a Surplus

The FINANCIAL -- Verdict: FactCheck concludes that Giorgi Kakauridze’s statement is Half ...

GDDG Leader Assembles MP Caucus Discussed Judicial Reform

The ruling Georgian Dream–Democratic Georgia (GDDG) party gathered on January 24 under the chairmanship of its leader Bidzina Ivanishvili, to discuss judicial reform, as differences among GDDG MPs ...

President Zourabichvili Assesses Meetings Held in the EU and NATO

The FINANCIAL - Salome Zourabichvili, President of Georgia has positively assessed her first working visit to Brussels and the meetings held in the European Union and NATO as part of the ...

‘Georgia is a Unique Partner’

The FINANCIAL - NATO Secretary General Jens Stoltenberg told President Salome Zurabishvili on January 23 that Georgia is “a unique partner of the Alliance,” and that NATO-Georgia partnership is ...

First batch of Georgian honey goes to Europe - with EU4Business support

The FINANCIAL - Two Georgian honey producers are presenting their products at the International Green Week (IGW), a one-of-a-kind annual international exhibition of the food, agriculture and ...

A Democratic Revolution by a Georgian Teacher

“When I became the first place winner of the National Teacher Prize in 2017, I made a promise to the audience that I would tell my story and our story to the world, the story of teachers of ...

George Kobulia: The tourism development rate exceeded our expectations

“We always knew that tourism would be a very strong sector and it would develop rapidly, but the reality has exceeded all the expectations,” – George Kobulia told the journalists at the ...

Memorandum of mutual cooperation between the railways of Georgia and Latvia

The FINANCIAL -- The General Director of JSC Georgian Railway, Mr. David Peradze and the President of Latvian Railway, Mr. Edvins Bredzins signed a Memorandum of Understanding (MOU). A special ...

Zurabishvili Sworn-in as New President

The FINANCIAL -- Salome Zurabishvili, 66, was sworn in as Georgia’s fifth president for a six-year term on December 16 in an oath-taking ceremony in the eastern Georgian town of ...

Earnings Statistics (III Quarter, 2018 Year)

The FINANCIAL -- In III quarter of 2018 year the average monthly earnings in Georgia increased by 56.4 Gel com-pared to the III quarter of the previous year and amounted 1125.5 ...

European Company Enters Georgian Insurance Market – IC Group Joins EUROINS Group

The FINANCIAL -- IC Group insurance company has joined the team of EuroinsGroup company to continue operation on the market under the brand name of Euroins. The rebranding process will be finished in ...

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Current Condition Of Commercial Banks Loan Portfolio

Irakli Abesadze: “During the rule of the Georgian Dream, prices have increased by 20% on goods, by 18% on utilities, by 60% on medicines and by 37% on healthcare.”

Are Giorgi and Mariam more employable than Arthur and Zeynab?

Fast-moving consumer goods sector in Georgia will grow to 11 Million Lari in the next 6 years

Giorgi Kakauridze: We Did Not Have a Deficit Spending, At the End of Each Month, We Had a Surplus

GDDG Leader Assembles MP Caucus Discussed Judicial Reform

President Zourabichvili Assesses Meetings Held in the EU and NATO

‘Georgia is a Unique Partner’

First batch of Georgian honey goes to Europe - with EU4Business support

A Democratic Revolution by a Georgian Teacher

George Kobulia: The tourism development rate exceeded our expectations

Memorandum of mutual cooperation between the railways of Georgia and Latvia

Zurabishvili Sworn-in as New President

Earnings Statistics (III Quarter, 2018 Year)

European Company Enters Georgian Insurance Market – IC Group Joins EUROINS Group

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