The FINANCIAL - Opinion

The FINANCIAL -- When Armenia entered the Russia-dominated customs union in 2013, fear spread among the Georgian public and policy makers. It looked as if Georgia would be economically squeezed in between Russia and Armenia, the latter being one of Russia’s staunchest allies in the region and, given its geopolitical dependency on Russia, sometimes seen as a little more than a Russian agent. 

Georgian and Western officials reacted with serious concern to statements of now sacked Georgian Defence Minister Irakli Alasania, who last week claimed a series of arrests in his ministry over alleged corruption were “obviously politically motivated” and represented an “attack on Georgia’s Euro Atlantic orientation.”

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 Khachapuri Index to a halt. The Index dropped 0.1 % month-on-month (compared to September 2014) and year-on-year (compared to October 2013). 

When it comes to political matters, we Georgians talk a lot, especially among friends or relatives. We are a bit more interested in local issues compared to what is going on internationally. While the majority of us is concerned and talk about domestic or international politics, interests differ among the population.

The FINANCIAL -- According to CRRC Barometer surveys and other opinion polls, police has been until quite recently one the most respected institutions in the Georgian society. With 88% of the population holding a favorable view of its performance, police came second after church (93%) in the 2011 survey conducted by the International Republican Institute. In 2013, as little as 9% of Georgian citizens said they do not trust the police (an improvement of 2 percentage points over 2012).

The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri varied in September 2014 across Georgian cities from 3.01 GEL, the minimum observed in Telavi, to 3.55 GEL, the maximum observed in Tbilisi and Kutaisi. The average price was 3.35 GEL, which is 3.2% higher compared to the previous month (August 2014), and 13.7% higher compared to September of last year.

Load More

Advertisement

Get paid for your OP-ED, Analysis or Interview

The FINANCIAL accepts opinion articles and interviews on business, politics, economy, personal finance.
Requirements: 600-1000 words.
Language: English 

  • Must be final, corrected, and edited. 
  • Your article piece should be exclusively written for The FINANCIAL.
  • The submitted articles must contain significant information or analysis.
  • The author must include contact details and short bio/address in social networks.
  • By submitting your article to The FINANCIAL, you agree to grant us the right to publish and distribute this content in all our publications. 
  • Guest posts with links or promotional information are published on a paid basis.
  • We don't publish adult content.
  • We publish majority of submitted articles. But there are exceptions as well. 

Submissions may be sent to editor (@) finchannel.com 

Popular in Opinion