The FINANCIAL

Commission approves €380 million German rescue aid to Condor

The FINANCIAL -- The European Commission has approved, under EU State aid rules, Germany's plans to grant a temporary €380 million loan to charter airline Condor. The measure will contribute to ensuring the orderly continuation of air transport services and avoid disruptions for passengers, without unduly distorting competition in the Single ...

Healthy water for a healthy environment in Georgia

The FINANCIAL -- Nabeghlavi is a famous mineral water in Georgia with a long track record of success. First bottled in the 1950s, it soon won the hearts of local customers. Now the brand is sold in ...

Tajikistan Joins Initiative to Improve Health and Nutrition of Women, Children, and Adolescents

The FINANCIAL – Representatives from the Global Financing Facility for Women, Children and Adolescents (GFF) met their Tajikistan counterparts in Dushanbe this week to mark the start of the ...

ICC Georgia President Address International Community Over "mafia style governance" in Georgia

Dear members of the International Community,We have learned from the press on August 27, that the Prosecutor General of Georgia had sent a letter to the UK Authorities requesting them to freeze the ...

For people under 75, two deaths out of three in the EU could have been avoided

The FINANCIAL -- In the European Union (EU), about 1.7 million persons aged less than 75 died in 2016. Among them, around 1.2 million deaths could be considered as premature according to the ...

EU countries lost €137 billion in VAT revenues

The FINANCIAL -- EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called 'VAT Gap' - or the overall ...

Fitch Affirms Georgia at 'BB'; Outlook Stable

Fitch Ratings has affirmed Georgia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a Stable Outlook. KEY RATING DRIVERS Georgia's ratings are supported by governance and ...

State aid: Commission opens investigation into proposed public support for Samsung plant in Hungary

The FINANCIAL -- The European Commission has opened an in-depth investigation to assess whether Hungary's plans to grant €108 million of public support to Samsung SDI for investing in the ...

Registration now open for the ninth European drugs summer school

The FINANCIAL -- The University Institute of Lisbon (ISCTE-IUL) and the EU drugs agency (EMCDDA) will be joining forces once again next summer to hold the ninth European drugs summer school ...

Georgia Rated by Freedom Barometer

The FINANCIAL -- Respect for human rights in Georgia is higher than in most of the ex-USSR, yet considerably lower than in the EU, new Freedom Barometer ...

Georgia/Abkhazia: Violations of the Laws of War and Russia's Role in the Conflict

On August 14, 1992, a fratricidal war broke out on the resort beaches of Abkhazia, a small territory located on the Black Sea coast of the newly independent Republic of Georgia. A sixteen-month ...

The Role of the Russian Federation in War in Abkhazia, 1992

The conflict in Abkhazia was heightened by the involvement of Russia, mostly on the Abkhaz side, especially during the war's initial stages. Whereas Russia has endorsed the territorial integrity of ...

Ad Black Sea 2019 has Started

As part of the Check in Georgia campaign, Batumi hosted the International Advertising Festival Ad Black Sea 2019 on 19-21 September. Industry professionals from various countries once again gathered ...