TBILISI, DFWatch–Georgia’s foreign trade turnover in the first three months of 2015 was 10 percent less than in the same period last year.
The foreign trade turnover in January-March, 2015 was USD 2,279 million, according to the new report of Georgia’s National
TBILISI, DFWatch–The amount of money transfers to Georgia in March fell by 23.5 percent compared to the same period last year, according to a report by the National Bank of Georgia (NBG).
The amount of money transfers in March was USD 92.2 million, which is USD
TBILISI, DFWatch–An Israeli company plans to build a new factory in Georgia with the goal of producing parts for Boeing, Airbus and Bombardier passenger planes.
The construction of the ‘high tech and modern’ aviation plant will begin in three months, Economy
TBILISI, DFWatch–Wizz Air is ending flights between Georgia and Ukraine from April 20 because the company Wizz Air Ukraine is being dissolved.
“This decision was made, with regret, due to the ongoing instability in Eastern Ukraine, the devaluation and volatility
TBILISI, DFWatch–Georgia wants to use its free trade access to the EU to become a springboard for Chinese trade with Europe.
Last year, Georgia signed an association agreement with the EU. Included was what’s called a deep and comprehensive free
TBILISI, DFWatch–The amount of money transfers to Georgia in February fell by 21.7 percent compared to same period last year, according to a new report by the National Bank.
The total amount of incoming transfers in February was USD 82.0 million laris;
TBILISI, DFWatch–Georgia’s foreign trade turnover in the first two months of 2015 fell by 9 percent compared to the same period last year.
This is indicated by new preliminary data published by the National Statistics Department (Geostat).
The total foreign trade
TBILISI, DFWatch–Direct foreign investments in Georgia in 2014 was 39 percent more in 2014 than it was in 2013, according to a new preliminary report of the National Statistics Department (Geostat).
The amount of the investments in 2014 was USD
TBILISI, DFWatch–The lari, Georgia’s embattled national currency, showed signs of recovery on Thursday after both the National Bank and the government announced that they are taking measures to stop it from further depreciation.
In recent days, the national
TBILISI, DFWatch–As the Georgian lari reached a new record low, the Georgian government’s “economy team” gathered to come up with a plan to save the country’s economy.
The US dollar is valued at 2.1771 laris in the most recent figures from the National Bank