Daily Archives: May 7, 2015

Georgian National Bank raises interest rates to deal with falling lari

By | May 7th, 2015|Categories: News|Tags: , , , |

(Interpressnews.) TBILISI, DFWatch–For the second time this year, the National Bank has increased the refinancing rate by half a percentage point. The rate now stands at 5 percent. About 8,000 people will have higher interest rate on their loans because of the change. Economic […]

Georgian government will face vote of confidence on Friday

By | May 7th, 2015|Categories: Politics|Tags: |

(Interpressnews.) TBILISI, DFWatch–The Georgian parliament will hold a vote of confidence about the new government May 8 at 13:00, by request of the speaker of parliament, who asked the president to schedule a special session at that time. The government has been pretending […]