Search Results

1. REGIONAL DEVELOPMENT AND INFRASTRUCTURE MINISTRY: SWEDISH CONSTRUCTION COMPANY EXPRESSED DESIRE TO ENTER TO GEORGIAN MARKET
   (Daily News: March 27, 2014)

   Georgia’s Regional Development and Infrastructure Ministry reported that Deputy Minister Giorgi Solomonia met today with representatives of Swedish construction company Lindab. As the Ministry pointed, Swedish company expressed desire to enter to Georgian market.

2. GEORGIA’S PRIME MINISTER: ACCESS TO EU MARKET WILL BE POWERFUL IMPETUS FOR GEORGIAN BUSINESS
   (Daily News: March 27, 2014)

   Georgia’s Prime Minister Irakli Garibashvili declared that “access to one of the largest and richest market of the world – EU market will be powerful impetus for Georgian business, production, export diversification and development”.

   “I believe that Georgia’s attractiveness for foreign direct investments will significantly increase, which in turn, will support promotion of new technologies, competitive local products’ emergence and creation of jobs”, Prime Minister declared while addressing today to international conference “Economic Integration with the EU – Prospects and Opportunities” in Tbilisi.

3. Versia: ““TV25” FOUNDER’S SCANDALOUS STATEMENT AND FACTS OF ECONOMIC CRIME, REGARDING WHICH MIKHEIL SAAKASHVILI WILL BE INTERROGATED”
   (Economic Press Monitor: March 26, 2014)

   As it is known, Main Prosecutor’s Office awaits of ex-president Mikheil Saakashvili on March 27, intending to interrogate him as a witness.

   The newspaper reports that, besides such notorious cases as death of ex-premier Zurab Zhvania, seizure of property of late billionaire Badri Patarkatsishvili, attempt to bankrupt bank Cartu, etc., Prosecutor’s Office is interested in situation around broadcasting companies Rustavi-2, Mze and Ajara’s TV25 and LLC Bezeki.

4. ISET BLOG: HOW UKRAINIAN CRISIS TO IMPACT GEORGIAN ECONOMY
   (Daily News: March 21, 2014)

   Review, published today at blog of ISET (International School of Economics at Tbilisi State University), considers impact of events in Ukraine on Georgia’s economy. In particular, transportation and trade issues are discussed.

5. GEORGIA AND ARMENIA DISCUSSED PROSPECTS OF TRADE RELATIONS’ DEEPENING
   (Daily News: March 21, 2014)

   Today, session of joint Georgia-Armenia trade-economic commission was held in Tbilisi. Georgian part was headed by Economy and Sustainable Development Minister Giorgi Kvirikashvili, while Armenian part – by Economy Minister Vahram Avanesyan.

6. “GWP”: WINTER DAMAGES IN TBILISI ELIMINATED
   (Daily News: March 19, 2014)

   Tbilisi water company GWP (Georgian Water&Power) reported that over 100 major and minor damages, accumulated because of winter accidents, were detected and eliminated since February. Currently, emergency service employs 85 groups, the company said, not disclosing cost of works.

7. Rezonansi: “WHAT FOREIGN INVESTORS ARE BRINGING IN, THEY ARE TAKING BACK THEN”
   (Economic Press Monitor: March 18, 2014)

   The article reports that $908 million has escaped Georgia in 2013, being directed mostly to offshores. Gradually, showing of capital outflow approaches incoming investments in Georgia, the newspaper reports.

8. EBRD STARTS EMISSION OF SECURITIES, DENOMINATED IN LARI
   (Daily News: March 17, 2014)

   EBRD starts emission of bonds, denominated in lari, having maturity of 2 years and volume of 50 million lari (20.7 million EUR). Rate of annual yield is linked to rate of interest on 3-month deposit certificates of National Bank of Georgia (NBG).

9. GEORGIA-ROMANIA COMMISSION TO HOLD MEETING IN BATUMI IN JULY
   (Daily News: March 14, 2014)

   Georgian Ministry of Economy and Sustainable Development reported that Minister Giorgi Kvirikashvili held a meeting with his Romanian counterpart Constantin Nita. The topic of discussion was deepening of trade relations between the two countries, as well as energy and tourism issues.

10. Versia: “WAS “ALGORITHM” ENTERPRISE CLOSED DUE TO POLITICAL REASONS?”
    (Economic Press Monitor: March 14, 2014)

    The newspaper reports that computer assembling plant Algorithm has stopped working. Currently, Finance Ministry’s Investigation Service conducts audit of the company.

11. ECONOMY MINISTRY: NO CANDIDATES FOR ENTREPRENEURSHIP DEVELOPMENT AND INNOVATION AND TECHNOLOGY AGENCIES’ HEADS ARE SELECTED YET
    (Daily News: March 13, 2014)

    Economy and Sustainable Development Ministry refused information regarding selection of heads of newly established Innovation and Technology Agency and Entrepreneurship Agency.

    While refusing this information, the Ministry found difficulty in specifying to Sarke, when candidates for the mentioned positions will be officially named.

12. HEADS OF INNOVATION AND TECHNOLOGY AGENCY AND ENTREPRENEURSHIP DEVELOPMENT AGENCY ARE NAMED
    (Daily News: March 12, 2014)

    As it became known for Sarke, Irakli Kashibadze will be appointed as head of Innovation and Technology Agency, while Giorgi Tsikolia – of Entrepreneurship Development Agency.

    According to the source, these agencies will be launched until the end of this month.

13. GEORGIA AND SPAIN TO SIGN INVESTMENT PROTECTION AGREEMENT
    (Daily News: March 12, 2014)

    Georgia’s Economy and Sustainable Development Ministry reported that Georgia and Spain will sign investment protection agreement in near future.

    The Ministry also said that Georgian and Spanish governments have already established joint economic committee.

14. “KPMG”: INTEREST RATES ON LOANS IN GEORGIA ARE LOWER THAN IN KAZAKHSTAN, SERBIA AND ARMENIA
    (Daily News: March 11, 2014)

    International audit company KPMG conducted study, which revealed that nominal and effective rates of interest on loans in Georgia are lower than ones in Kazakhstan, Serbia and Armenia, but higher than in Poland.

    Study, covering the mentioned countries, was ordered to KPMG by National Bank of Georgia (NBG).

15. ISRAEL AND GEORGIA TO ESTABLISH BUSINESS COUNCIL
    (Daily News: March 10, 2014)

    Press service of Georgian Prime Minister reported that Irakli Garibashvili held a meeting with Israeli businessmen in Tbilisi, acquainted them with Georgia’s business environment. “The idea emerged to establish Israeli-Georgian business council”, the Premier declared, adding: “I consider that Georgia and Israel do not use adequately their opportunities of trade and investment”.

16. GEORGIA AND SPAIN TO ESTABLISH JOINT ECONOMIC COMMITTEE
    (Daily News: March 10, 2014)

    Georgian Ministry of Economy and Sustainable Development reported that Georgia and Spain will establish joint economic committee. The Minister Giorgi Kvirikashvili has signed respective agreement during his ongoing visit to Spain.

17. IDFI: INSURANCE COMPANIES WILL HAVE TO LEAVE HOSPITAL SECTOR
    (Daily News: March 7, 2014)

    Analyst of Institute for Development of Freedom of Information (IDFI) Giorgi Khishtovani points that almost all insurance companies have many small-sized hospitals, while, on the other hand, high debts accumulated toward banking sector.

    The expert considers that several companies, participating in the state programs, could be in danger of bankruptcy, which will result in insurance companies’ exit from hospital sector.

18. NBG PRESIDENT: ACHIEVEMENT OF ECONOMIC GROWTH OF 5% IS QUITE REALISTIC
    (Daily News: March 7, 2014)

    President of National Bank of Georgia (NBG) Giorgi Kadagidze declared that achievement of economic growth of 5% is quite realistic. “However, risks exist for sure”, he added.

19. NBG PRESIDENT: THE MAIN OBJECTIVE IS TO ENSURE PRICE STABILITY IN THE COUNTRY
    (Daily News: March 7, 2014)

    President of National Bank of Georgia (NBG) Giorgi Kadagidze declared that main objective for NBG is to ensure price stability in the country, being achieved through monetary policy of NBG. “The more effective monetary policy is, the lower public cost is required to achieve price stability”, he noted.

20. NBG PRESIDENT DOES NOT CONSIDER JUSTIFIED TO SUBORDINATE FINANCIAL MONITORING SERVICE TO FINANCE MINISTRY
    (Daily News: March 7, 2014)

    President of National Bank of Georgia (NBG) Giorgi Kadagidze does not consider justified to subordinate Financial Monitoring Service to the Finance Ministry. “I think, this will not bring the results, which will assist banking sector development and economic development in general”, he pointed.

Pages:

111  112  113  114  115  116  117  118  119  120  121  122  123