Daily Archives: August 14, 2015

Controversial new hotel complex approved by Tbilisi City Council

By | August 14th, 2015|Categories: News|Tags: |

TBILISI, DFWatch–Tbilisi City Council on Wednesday approved a controversial construction project in the old part of the capital. The decision is bound to further enrage activists, who have been campaigning against the project. The plans for Mirza […]

Georgia saw 32% drop in remittances in July

By | August 14th, 2015|Categories: In brief|Tags: |

(Interpressnews.) TBILISI, DFWatch–Remittances to Georgia in July went down by 31.8 percent compared to last year, according to the latest monthly report by National Bank of Georgia (NBG). In total, USD 93.4 million was sent to Georgia in July, 2015. Money transfers […]

Georgia’s National Bank adjusts refinancing rate up to 6%

By | August 14th, 2015|Categories: Economy|Tags: , |

(National Bank.) TBILISI, DFWatch–The National Bank of Georgia further increased the refinancing rate to 6.0 percent on Wednesday. The Bank’s president, Giorgi Kadagidze, said at a briefing that increasing the refinancing rate by half a percent is a response to an increased […]

Georgia not in a hurry to cancel Saakashvili’s citizenship

By | August 14th, 2015|Categories: News|Tags: |

Mikheil Saakashvili. (Interpressnews.) TBILISI, DFWatch–Georgia is not rushing to suspend the citizenship of its ex-president, Mikheil Saakashvili. The justice ministry is awaiting an official notice from Ukraine. The former president, who is now governor of Odessa, received Ukrainian citizenship a few months […]