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Economic Press Monitor


November 25, 2015

IN THIS ISSUE:

1. TERRORISTS’ THREATS WILL NOT SCARE INVESTORS
2. LOGISTICS, SMALL RANGE OF PRODUCTS, STATE PASSIVITY – THESE ARE REASONS HAMPERING EXPORT TO EUROPE
3. “SAKARTVELOS BANKI” AGAINST GIORGI KADAGIDZE

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1. TERRORISTS’ THREATS WILL NOT SCARE INVESTORS
Economic & Politics

The newspaper reviews “impact of Ajarian Islamists’ message on implementation of business projects in Georgia”.

Businessmen and economists do not regard Islamists’ messages seriously and point that this is not the issue, which could change investors’ intention to invest in Georgia.

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2. LOGISTICS, SMALL RANGE OF PRODUCTS, STATE PASSIVITY – THESE ARE REASONS HAMPERING EXPORT TO EUROPE
International Cooperation

Web site eugeorfia.info got interested, how the state assists exporter or export-interested companies in their intention to gain foot on international markets.

As head of Entrepreneurship Development Agency Ani Kvaratskhelia notes, “mechanisms for export encouragement are the same everywhere”.

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3. “SAKARTVELOS BANKI” AGAINST GIORGI KADAGIDZE
Finances & Banking

According to decision of National Bank of Georgia (NBG), commercial banks should abandon non-core businesses before December 31, 2015.

However, the newspaper refers to experts, who say that the banks started legal separation of non-core assets, while in fact, continue management of their non-core businesses.

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Exchange Rates (NBG)
  05/02/24 + / -
  USD   2.6797   0.0009
  EUR   2.8684   0.0101
  RUR   2.9172   0.0674
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