Editorial

The FINANCIAL -- The average cost of cooking one standard Imeretian Khachapuri in November 2014 was 3.34 GEL, which is 0.2% lower month-on-month (m/m, that is compared to the previous month), and 2.4% lower year-on-year (y/y, that is compared to the same month of last year). However, Khachapuri became even cheaper for foreign currency earners because of a sudden GEL depreciation (m/m and y/y) ...

The FINANCIAL -- The conclusion of the Association Agreement (AA) with the European Union was euphorically acclaimed by Georgian media as well as political and economic decision makers. Part of the ...

The FINANCIAL -- All khachapuri ingredients, except eggs, have significantly increased in price in September 2014 relative to the same month of last year: cheese added 19.7%, flour - 17.2%, butter - ...

The FINANCIAL -- Until recently, Coca Cola was the only manmade product with the greatest reach across our planet. No matter the political regime, religion or the distance from the nearest bottling ...

Not surprisingly, the recent NATO summit in Wales has dominated headlines in the Georgian press. Unlike in previous years, officials in Tbilisi stuck to promises that Georgia was primed to receive ...

The FINANCIAL -- In Georgia, employment is often found not through prevailing in fair, orderly selection processes, but through personal connections. This is a well-known fact almost nobody denies. ...

The FINANCIAL -- The post-communist world lost one of its greatest sons last week – a freedom fighter who devoted his life to the daunting task of cleansing Eastern Europe and Eurasia from the ...

The FINANCIAL -- In October 2014, the seasonal rally of ISET’s Khachapuri Index came to an unexpected (temporary) halt. At 3.35GEL, the Index dropped 0.1% both month-on-month (relative to September ...

The FINANCIAL -- After consistent increases in two previous months, the average cost of cooking one standard Imeretian khachapuri stayed at 3.35 GEL in October 2014, unexpectedly bringing the ...