Saturday, September 19, 2026

Georgia faces USD 400 million bill over abandoned hydropower project

TBILISI, September 17 – A U.S. federal judge has allowed Turkish investor Enka Renewables to pursue enforcement of an arbitration award of more than USD 400 million for Georgia’s abandoned Namakhvani hydropower project. The dispute dates back to the proposed 433 MW Namakhvani hydropower facility, a USD 800 million project that faced massive public protests ... Read more

News

Georgia condemns South Ossetia election as Kambolov claims victory

TSKHINVALI, September 19 – De facto South Ossetia’s acting president Marat Kambolov has claimed victory in Friday’s snap election, with his rivals congratulating him even before the final vote count was announced. Georgia condemned the vote as illegal, saying it could not change the breakaway region’s status as part of Georgian territory. The territory’s Central ... Read more

Georgia’s economy grows 6.9% in second quarter

TBILISI, September 18 – Georgia’s economy expanded by 6.9% year-on-year in the second quarter of 2026, with transport, technology and entertainment among the strongest-performing sectors. According to preliminary figures released by the National Statistics Office (GeoStat) on Friday, gross domestic product reached 28.15 billion Georgian lari at current prices during April-June, up from 25.58 billion ... Read more

Sign up for our weekly briefing

News, background and opinion from an independent, non-donor-funded outlet.

Support our work