Georgia’s economy is made of two components: the so-called formal sector and the “unobserved” part. In the observed part of Georgian economy, 96 percent of all registered firms are small or medium sized enterprises (SMEs). However, there are many registered firms
In comparison with 2013, current year began with better economic indicators. In particular, high growth rate was observed in January, February and March – with 7,4 percent quarter average. However, April saw a decrease to 2,7 percent.
One of the factors that ensured
Recently, I made a discovery of the kind that spices up historians’ books. In my archive, I discovered a draft of a letter by Zviad Gamsakhurdia, the first Georgian President, directed to Secretary James Baker. The date was 1991. These were devastating but hopeful
When the Sarkozy Agreement was brokered after the brief war between Georgia and Russia in August 2008 it was expected that Russia would adhere to its terms. Six years on Georgians are still waiting for Russia to return back to the “boundaries” of August 7, 2008.
The EU is advocating stable and transparent regulatory rules for energy production and trade in countries that play an important role as energy suppliers, and especially in countries that are interested in closer ties with the EU.
Transparent and stable regulatory
The Ministry of Justice of Georgia has been working on a draft anti-discrimination law since early 2013. In December last year it was passed on to the government for review and this government-proposed bill was sent to the Parliament for approval on March 28.
Several
Late January the Government of Georgia adopted a resolution which enables the financing of four traditional religious confessions: the Roman Catholic Church, the Armenian Apostolic Church, and Muslim and Jewish groups. Until now, the Georgian Orthodox Church was the
A choice isn’t a choice when it is made with a gun to your head.
Yet on Sunday, the people of Crimea will be asked to make an impossible choice: to vote to become subjugated by Russia; or to vote for independence – with no guarantee that Russia will show any more
In 2007, it was revealed that Georgian society was immensely dissatisfied with the performance of the police, and this negative perception has been growing incessantly.
What are the reasons for the lack of trust in the police, and what does Georgia have to do
TBILISI, DFWatch–The problem of bad loans gets huge attention nowadays. It has become a headache for all from bank managers to government authorities. Bad loans were basically the driver of the recent world economic downturn. The situation is no different in Georgia.