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1. THE GOVERNMENT: FRENCH “LACTALIS” BECAME SHAREHOLDER OF “SANTE”
   (Daily News: February 2, 2016)

   French company Lactalis became one of shareholders of Georgian dairy producer Sante, administration of the government declared. That was announced today at the meeting of representatives of Lactalis and Sante with Prime Minister Giorgi Kvirikashvili.

2. GEORGIA’S PREMIER AND DIRECTOR OF ADB’S MISSION DISCUSSED ONGOING PROJECTS
   (Daily News: February 2, 2016)

   Prime Minister of Georgia Giorgi Kvirikashvili and director of the ADB resident mission Yesim Elhan-Kayalar discussed ongoing projects at the meeting today.

   Particularly, the sides touched upon growth of infrastructure projects in scale as well as acceleration of their implementation, administration of Georgian government reported.

3. Rezonansi: “HOUSES OF 7,500 FAMILIES WERE SOLD DURING 3 YEARS”
   (Economic Press Monitor: February 2, 2016)

   Currently, National Enforcement Bureau has 146,266 records on bad debts. Owners manage to keep only 20-25% of property, passed to forced sell, the newspaper says.

4. PREMIER: THE PRIORITY IS PROVISION OF FAST AND EFFECTIVE ECONOMIC GROWTH, ORIENTED ON REAL SECTOR’S DEVELOPMENT
   (Daily News: February 1, 2016)

   Prime Minister Giorgi Kvirikashvili declared that priority of the government’s economic policy is “provision of fast and effective economic growth, which will be oriented on development of real sector of economy”. “This will solve economic problems in the country, support jobs’ creation and poverty overcoming”, he pointed.

5. Kviris Palitra: “CREDIT “SLAVERY””
   (Economic Press Monitor: February 1, 2016)

   Lari devaluation has especially affected those Georgian citizens, who have banking credits in foreign currency, the newspaper notes.

   Extremely hard situation has appeared for 35,000 families (i.e. 3% of the country’s population), as they had secured mortgage credits with real estate, analyst Giorgi Pataridze says, adding: that’s leaving alone situation of debtors of microfinance organizations.

6. Tabula: “THE PRESIDENT’S ADMINISTRATION NAMED SIX CANDIDATES FOR NBG’S BOARD MEMBERSHIP”
   (Economic Press Monitor: January 28, 2016)

   Head of the President’s Administration Giorgi Abashishvili announced names of candidates for National Bank of Georgia (NBG) board membership. These nominees are Giorgi Pailodze, Archil Iakobashvili, Giorgi Bakradze, Temur Cheishvili, Koba Gvenetadze and Maia Melikidze.

7. THE GOVERNMENT: TURKMENISTAN IS INTERESTED IN LOGISTICS CENTER IN BLACK SEA REGION
   (Daily News: January 27, 2016)

   Turkmenistan is interested in implementation of the project on logistics center in Black Sea region, press service of Georgian government announced. Negotiations on the subject are underway with Georgian Ministry of Economy and Sustainable Development.

8. NBG’S PRESIDENT: CURRENT DEPRECIATION OF LARI IS A RESULT OF NEGATIVE EXPECTATIONS OF MARKET PARTICIPANTS
   (Daily News: January 27, 2016)

   President of National Bank of Georgia (NBG) Giorgi Kadagidze considers that current depreciation of lari “is result of negative expectations of market participants, being caused by situation in neighboring countries”.

   Money aggregates did not affect devaluation, as growth of money supply in economic equals to zero, Kadagidze assures.

9. Eugeorgia.Info: “TRANS CASPIAN GAS PIPELINE – EU WELCOMES GEORGIA’S TAKING THE LEAD”
   (Economic Press Monitor: January 27, 2016)

   Within Connecting Europe Facility program (CEF), $2.2 million has been allocated in terms of funding of so-called Southern Gas Corridor, namely – Trans-Anatolian natural gas pipeline project (TANAP).

   As the article notes, this pipeline will allow export of Azeri and in future Turkmen natural gas to Europe via Georgia, Azerbaijan and Turkey.

10. Netgazeti.Ge: “KVIRIKASHVILI: LARI DEVALUATION IS A RESULT OF OIL PRICE DROP AND DOES NOT HAVE INTERNAL ROOTS”
    (Economic Press Monitor: January 27, 2016)

    Georgia’s Prime Minister Giorgi Kvirikashvili declares that current devaluation of lari “is the direct result of devaluation, which is underway in our neighbor countries because of oil price drop”. “There is no any internal reason of it”, he assures.

11. LAND PLOT NEAR TBILISI CENTRAL RAILWAY STATION TO BE HANDED OVER TO LLC “LONDON” WITH PAID DEVELOPMENT RIGHT
    (Daily News: January 26, 2016)

    According to decree of the government, land plot near Tbilisi central railway station will be handed over to LLC London for 30 years with right of paid development.

    The matter concerns non-agriculture land plot of 716 square m.

12. THE GOVERNMENT: UNTIL ENACTMENT OF GENERAL DEVELOPMENT PLAN, TRANSITION RULES WILL ACT IN TBILISI
    (Daily News: January 26, 2016)

    By initiative of Prime Minister Giorgi Kvirikashvili, definite rules of the game will act in Tbilisi until general plan of land use is developed, administration of the government announced.

    The Premier has applied with respective request to Tbilisi Mayor David Narmania at the working meeting, held in the administration yesterday.

13. THE GOVERNMENT: DEVELOPMENT OF MECHANISMS FOR STARTUPS’ FUNDING ARE UNDERWAY
    (Daily News: January 25, 2016)

    Administration of the government reported that development of mechanisms for startup business’ funding is underway. The mentioned issue was discusses at recent meeting of Economic Council.

14. INNOVATION AGENCY TO PRESENT SHORT-TERM ACTION PLAN NEXT WEEK
    (Daily News: January 25, 2016)

    Innovation Agency will present concrete short-term action plan next week, administration of the government announced.

    Prime Minister Giorgi Kvirikashvili gave respective instruction to the Agency today, at the 4^th meeting of Research and Innovation Council.

15. GEORGIA’S PREMIER AND HEAD OF EU REPRESENTATION CONSIDERED COOPERATION ISSUES
    (Daily News: January 25, 2016)

    Administration of Georgian government reported that meeting was held between Georgia’s Prime Minister Giorgi Kvirikashvili and head of EU representation in Georgia Janos Herman, key topics of which were Georgia’s European integration, visa liberalization process, political and economic cooperation with EU.

    “We discussed cooperation, future visits and economic cooperation”, Herman said after the meeting.

16. Kviris Palitra: “I SAID, WE’LL HAVE SHOCK BEFORE KADAGIDZE’S LEAVING”
    (Economic Press Monitor: January 25, 2016)

    “As soon as lari depreciation had started, big part of contractors rose a question of compensation”, Regional Development and Infrastructure Minister Nodar Javakhishvili says. “However, after review of the cases, demand appeared mostly to be exaggerated”, he adds.

17. THE GOVERNMENT: VOLUME OF EBRD’S INVESTMENTS AND FINANCIAL ASSISTANCE WILL BE INCREASED IN 2016
    (Daily News: January 22, 2016)

    Volume of EBRD’s investment and financial aid to Georgia will be increased in 2016, the government’s administration declared.

    President of EBRD Suma Chakrabarti told the mentioned to Georgia’s Prime Minister Giorgi Kvirikashvili at the meeting, held within the World Economic Forum of Davos.

18. “UNM”: BIDZINA IVANISHVILI’S FINANCIAL INTEREST IS ONE OF THE REASONS OF EFFORTS, ENHANCING DEPENDENCE ON “GAZPROM”
    (Daily News: January 22, 2016)

    Giorgi Kandelaki, MP from United National Movement (UNM), declared that one of the reasons of the government’s efforts, which enhance Georgia’s dependence on Russian Gazprom, is financial interest of ex-premier and billionaire Bidzina Ivanishvili.

    “Ivanishvili, who was the largest (individual) shareholder of Gazprom, according to official data, did not sell his share of $1 billion in this company”, MP notes.

19. THE GOVERNMENT: “TATA SONS” PLANS TO INCREASE INVESTMENT IN GEORGIA
    (Daily News: January 21, 2016)

    Tata Sons plans to increase investments to Georgia, administration of Georgian government reported. The mentioned was declared at the meeting of Georgia’s Prime Minister Giorgi Kvirikashvili and chair of Tata Sons Cyrus Mistry, held within World Economic Forum in Davos.

20. GEORGIA’S PREMIER AND EIB’S PRESIDENT CONSIDERED COOPERATION PROSPECTS
    (Daily News: January 21, 2016)

    Georgia’s Prime Minister Giorgi Kvirikashvili and president of European Investment Bank (EIB) Werner Hoyer have considered course of implementation of EIB-funded infrastructure projects in Georgia and further stages of cooperation. The meeting was held within World Economic Forum in Davos.

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