Analysis

The Warning Bells are Ringing: A Difficult Summer Season for the Georgian Electricity Market

The FINANCIAL -- Historically, the main concern in monitoring the Georgian electricity market derives from the negative generation-consumption gap arising in the winter season. However, persistent electricity deficits over ten months between August 2018 and August 2019 suggest that the number of months characterized by a negative generation-consumption gap might be on the ...

Euro area annual inflation down to 1.1%

The FINANCIAL -- Euro area annual inflation is expected to be 1.1% in July 2019, down from 1.3% in June according to a flash estimate from Eurostat, the statistical office of the European ...

Verdict: FactCheck concludes that Otar Danelia’s statement is TRUE.

The FINANCIAL -- Otar Danelia: This year, wine export to the USA increased by 126%, to China by 27%, to Poland by 18% and to France by ...

Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE.

The FINANCIAL -- Natia Turnava: “Of two hundred countries, we are number six in terms of the ease of doing business. We are ahead of many European ...

How eco-friendly is our money? - Louisenthal strives for more sustainability in the production of banknotes

Munich/Gmund, July 15, 2019 - The ecological footprint of banknotes depends on many factors. Stringent product requirements to ensure security, durability, functionality and design limit the scope ...

MAY 2019: Georgian Consumer Confidence: It's All Positive

The FINANCIAL -- A nationally representative sample of 358 Georgians, interviewed in early May 2019, revealed that the Consumer Confidence Index (CCI) improved by 4.3 index points, from -20.8 in ...

Chess Is to Play and Math Is for Life

The FINANCIAL -- At times math teachers use a legend,“mathematics in the game of chess”, as an introduction to Exponential Functions.Theoriginal mythtells of amathematician in Indiawho invented ...

Verdict: FactCheck concludes that Irakli Abesadze’s statement is HALF TRUE

The FINANCIAL -- Irakli Abesadze: In accordance with the state budget indicators, there are 11,000 more officials to carry out the same functions (execution of budget programmes) today as compared to ...

Verdict: FactCheck concludes that Ivane Machavariani’s statement is MOSTLY FALSE.

The FINANCIAL -- Ivane Machavariani: Today, the estimated growth rate for our economy is 4.6% which is the highest growth rate in the entire ...

How Much Can You Save?

The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in April 2019 varied across Georgian cities, from 3.21 GEL (the price in Kutaisi) to 3.57GEL ...

Verdict: FactCheck concludes that Mamuka Bakhtadze’s statement is a LIE.

The FINANCIAL -- Mamuka Bakhtadze: In the course of this year, the current account deficit decreased from 13% to 4.5% (estimate for 2019) which is an unprecedented success all over the ...

Verdict: FactCheck concludes that Levan Davitashvili’s statement is MOSTLY FALSE.

The FINANCIAL -- Levan Davitashvili: In the last years, we have growing total agricultural output. There is an even bigger growth in a processing ...

Euro area unemployment at 7.5%. EU28 at 6.3%

The FINANCIAL -- The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro ...

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The Warning Bells are Ringing: A Difficult Summer Season for the Georgian Electricity Market

Euro area annual inflation down to 1.1%

Verdict: FactCheck concludes that Otar Danelia’s statement is TRUE.

Verdict: FactCheck concludes that Natia Turnava’s statement is TRUE.

How eco-friendly is our money? - Louisenthal strives for more sustainability in the production of banknotes

MAY 2019: Georgian Consumer Confidence: It's All Positive

Chess Is to Play and Math Is for Life

Verdict: FactCheck concludes that Irakli Abesadze’s statement is HALF TRUE

Verdict: FactCheck concludes that Ivane Machavariani’s statement is MOSTLY FALSE.

How Much Can You Save?

Verdict: FactCheck concludes that Mamuka Bakhtadze’s statement is a LIE.

Verdict: FactCheck concludes that Levan Davitashvili’s statement is MOSTLY FALSE.

Euro area unemployment at 7.5%. EU28 at 6.3%

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