The FINANCIAL

Speaker of Georgian Parliament to Visit NATO Headquarters

The FINANCIAL -- Davit Usupashvili, Speaker of the Georgian Parliament, will be visiting NATO headquarters in the frames of the NATO-Georgia Commission meeting, on July ...

Greece sends second bill on bailout measures to parliament

The FINANCIAL -- The Greek government on Tuesday presented parliament with draft legislation on a second batch of measures that must pass if it is to receive its huge international bailout, a ...

EU28 current account surplus €13.0 bn

The FINANCIAL -- The EU281 seasonally adjusted external current account2 recorded a surplus of €13.0 billion in May 2015, compared with a surplus of €11.9 bn in April 2015 and a surplus of €4.8 ...

Georgian Auto Re-export Experiencing Massive Dive

Despite the dramatic reduction in re-export of vehicles, the total number of cars imported in Georgia increased by 14% during the first five months of 2015, in comparison with the prior-year period. ...

Germany donates EUR 1 million to help developing countries participate in Doha Round

The FINANCIAL -- The government of Germany is contributing EUR 1 million (CHF 1,042,478) to the WTO’s Doha Development Agenda Global Trust Fund (DDAGTF) in 2015 to help developing countries and ...

Donald Tusk says Georgia a front-runner in the Eastern Partnership

The FINANCIAL -- "Georgia is definitely a front-runner in the Eastern Partnership. This is not flattery. It is a fact," President of the European Council Donald Tusk said on a visit to Tbilisi on ...

Iranian Investors Lose Trust in Georgian Government

The Georgian Government has decided not to listen to investors. An absence of qualified advisors is one of the main problems causing a rift between businesses and the Government, founder of ...

Olympic Village opens in Tbilisi, with famous Georgian footballer Levan Kobiashvili appointed its mayor

The FINANCIAL -- Prime Minister Irakli Gharibashvili has officially opened the Olympic Village, which is located near the Tbilisi Sea and was built to host athletes for Tbilisi 2015 Youth Olympics. ...

Summer economic prospects - How much money will three large-scale events bring Tbilisi?

The FINANCIAL -- In summer, Tbilisi hosts three massive public events – Tbilisi Open Air musical festival that started on July 3 and ended on July 7; European Youth Olympic Festival that will be ...

Georgia’s former Interior Minister nominated as the new head of the State Security Agency

The FINANCIAL -- The Ministry of Internal Affairs was divided into two agencies as per the government's decision and the law adopted by the Parliament. In particular, police and state security ...

Statement of the Ministry of Foreign Affairs of Romania in reaction to the developments along the administrational border in Georgia’s Tskhinvali Region/South Ossetia

The FINANCIAL -- The Ministry of Foreign Affairs of Romania expresses its concern over the recent developments across the administrational border in Georgia’s Tskhinvali region/South Ossetia ...

Congress President concerned by resurgence of regional tension in Georgia

The FINANCIAL -- Reacting to the moving of the Administrative Border Line (ABL) between South Ossetia and the rest of Georgian territory, Jean-Claude Frécon, President of the Council of Europe’s ...

Statement of the Ministry of Foreign Affairs of Georgia in reaction to terrorist attack in Turkey

The FINANCIAL -- The Georgian Foreign Ministry expresses its deep sorrow over the terrorist attack, which took place in the town of Suruç in Şanlıurfa Province of the Republic of Turkey on 20 July ...