Economic Press Monitor
April 24, 2018
IN THIS ISSUE:
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| 1. |
DIFFERENT VIEW
Companies
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While commenting on future plans in an interview to the magazine, founder and executive director of Alliance Group Holding Ayet Kukava declares: “We want to hold the largest financial and leasing conference “Leaseurope” in Georgia”. “Such [conference] was not held not only in Georgia, but even in Eastern Europe”, he notes.
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| 2. |
HOW MUCH “SHADOWY” GEORGIA’S ECONOMY IS – ANSWER OF THE IMF
Macroeconomics & Budget
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Head of the IMF mission Mercedes Vera-Martin estimates that by data of 2015, share of “shadow economy” in Georgian GDP makes up about 10%. However, this does not include share of informal economy, she notes.
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| 3. |
THE TIME OF USURERS CAME TOO – NATIONAL BANK WORKS ON THEIR REGULATION
Finances & Banking
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National Bank of Georgia (NBG) prepares for steps on introduction of regulation for private usurers, the newspaper writes. However, NBG itself declares that they do not know yet, how could be turned this market in framework of regulations.
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| 4. |
FRENCH COMPANY “ORANGE GROUP” MIGHT ACQUIRE “SILKNET”
Companies
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Ucha Seturidze, executive director of Association of Small and Medium Telecom Operators, declares that there is assumption that French Orange Group plans acquisition of SilkNet. Seturi points in confirmation to plans of cooperation between SilkNet and Sofrecom (subsidiary of Orange Group).
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