TBILISI, DFWatch — Moscow is ready to consider allowing Georgian wine back onto the Russian market.
Andrei Denisov, First Deputy Foreign Minister, said on Wednesday that there is a willingness on both sides to study the issue.
“If we talk about specific cases, it is
TBILISI, DFWatch — Georgia’s Energy Minister says Enguri hydro power station has not been sold but is the property of Georgia. He says there were negotiations regarding the facility but they were suspended.
Energy Minister Kakhi Kaladze does not comment about
TBILISI, DFWatch — One of the controversial cuts Prime Minister Ivanishvili wants to make in next year’s budget is to reduce funding for Georgia’s National Security Council – which had a central role in protecting the country in the 2008 war – from USD 15 million
TBILISI, DFWatch — The president of the Georgian Bank Association says the interest rate on loans will go down.
Zurab Gvasalia said there is already a trend of falling interest rates on loans, but he thinks it is impossible to decrease the rates immediately.
In
TBILISI, DFWatch — The new government has still not decided whether to implement Saakashvili’s idea of building a completely new city Lazika in Georgia.
The new government have different ideas about the plan to build a city with half a million people on the Black
TBILISI, DFWatch — New nine month figures from 2012 show a 16 percent increase in foreign trade turnover compared to last year, equal to USD 7 595 million in total.
The numbers do not include informal trade.
According to Georgia’s National Statistics Department
TBILISI, DFWatch — The outgoing and new government disagree over the size of the state coffers.
Former government members claim that there is more than two billion lari, nearly USD 1.2 billion, in the state coffers.
But new Finance Minister Nodar Khaduri says there
TBILISI, DFWatch — Georgia’s state accounts by are by September 2012 at one of the highest levels during the past few years at more than two billion, nearly USD 1.22 billion.
The state budget for 2013 is 9 billion lari, USD 5.5 billion, which is more than half a billion
TBILISI, DFWatch — One of the largest petrol companies reduced the price of petrol by 8 tetris. A spokesman for the new government believes it is possible to decrease the price by 20 tetris, or about USD 0.13.
This comes soon after the leader of a coalition which won the
TBILISI, DFWatch – The energy sector receives the largest share of direct foreign investments this year.
Investments increased 7 percent in the second quarter of 2012 compared to same period in 2011, and totaled USD 219 million, according to preliminary figures