TBILISI, DFWatch – A Georgian bank affiliated with the largest opposition bloc has been fined with USD 11 609 500 by the National Enforcement Bureau.
The reason Cartu Bank, which is facing a series of problems after businessman Bidzina Ivanishvili decided to enter
TBILISI, DFWatch – Prices for all types of fuel have gone up 5 tetri in Georgia, which is a two percent rise.
The Oil Product Import Union explained the price rise with increased burning of fuel in summer, which always increases the prices of oil products internationally.
Earlier, the
TBILISI, DFWatch – A new report shows that legislative changes ushered in by the Georgian government to counter the influence of an opposition billionaire has hampered the bank sector.
The report shows that new legislation about banks, tax and the executive made
TBILISI, DFWatch – A new survey says that the fuel and food market in Georgia is an oligopoly.
The new study presented by Transparency International Georgia (TI) on August 3 is called ‘Competition Policy in Georgia’ and deals with the fuel and food market segments.
TBILISI, DFWatch – The government plans to spend four billion lari to develop agriculture, six billion on pensions, three billion on health insurance, three billion on social assistance and four billion on education.
Changes have been made in the government, with
TBILISI, DFWatch – A new report shows that President Saakashvili turned his back on Georgian farmers in order to develop tourism, but the strategy failed.
Six out of ten employed persons in Georgia are self-employed. More than 50 percent are employed in agriculture,
TBILISI, DFWatch – The labor code should contribute to employment, faster investments and motivate investors, and only after this may it possible to think about how to improve the rights and conditions of workers in Georgia.
This is the position of the country’s
TBILISI, DFWatch – There are two articles in Georgia’s Labor Code which entitles employers to terminate a labor contract without giving any explanations or preliminary warnings.
A teacher from a village in the Gori region was fired because of her husband’s political
TBILISI, DFWatch – According to unofficial information, 13 people died in the work place in 2011 in Georgia.
No official numbers exist for 2012 either, but media reported about a number of fatal incidents in the mining and construction sector. These fatal accidents are
TBILISI, DFWatch – One of the largest electronics chains in Georgia has been taken away from its founder, as the remaining 15 per cent of shares were sold at an auction.
Anzor Kokoladze, who built the chain from scratch, is serving an eight year prison term after a tax