TBILISI, DFWatch – If the managers of Cartu Bank won’t keep out of politics and get its house in order, the National Bank will take it over. Giorgi Kadagidze, president of the National Bank, said this Thursday at a session of the parliament’s finance and budget committee. Cartu Bank is owned by Bidzina Ivanishvili, the … Read more
The DFWatch interview: Mark Mullen In an interview with DFWatch, Mark Mullen notes that the main problem in Georgia is a lack of transparency at the senior levels. In terms of corruption, he thinks that there is no so-called elite corruption in Georgia, but still there is less transparency ‘at the top’. Regarding the media, … Read more
TBILISI, DFWatch – Georgian President Mikheil Saakashvili hopes that the negotiations about a free trade agreement with the EU will be completed ahead of schedule. The president said this after a meeting with Catherine Ashton, EU’s vice-president and high representative for foreign affairs and security policy. Ashton is in Georgia within the South Caucasus visit … Read more
TBILISI, DFWatch – The British magazine The Economist will gather experts and politicians in Tbilisi November 17 to discuss and analyze Georgia’s investment environment and perspectives. The event will take place in the Radisson hotel. Among the Georgian speakers will be prime minister Nika Gilauri, finance minister Dimitry Gvindadze, and Vera Kobalia, the minister of … Read more
“Disobedient Satellites” First tour of the presidential elections was held in the former South Ossetia on November 13. Kremlin candidate Bibilov, who was openly supported by the Russian Presidential administration and Prime Minister Putin, not only failed to gain a convincing victory, but gathered only 25% of the votes. Not even a speech of Konstantin … Read more
TBILISI, DFWatch – It was a moment heavy with symbolism when Georgian businessman Bidzina Ivanishvili and Patriarch Ilia II emerged from their meeting Tuesday. “We are pleased that Ivanishvili visited the Antioch today. We have discussed a number of issues, especially the future of Georgia and its current condition. I think everything will be all … Read more
TBILISI, DFWatch – Just as the government is getting ready for a nationwide tour to promote its new ten point plan for developing the country, the opposition Christian Democrats say the plan should first be discussed in parliament. “Parliament is a place, where the main positions should be heard, especially when it comes to issues … Read more
In order to assess the economic condition of a country, economists look at a various number of statistics. Besides the level of real Gross Domestic Product (GDP) that measures the country’s economic output, one statistic that attracts attention from the economists as well as the general public is the unemployment rate in the country. Unemployment … Read more
TBILISI, DFWatch – The main challenger in Georgian politics Tuesday consulted with the country’s highly respected patriarch, and received advice about his further steps to claim power. Catholicos-Patriarch Ilia II, Georgia’s most respected person, met Bidzina Ivanishvili Tuesday at 6 pm, and the businessman afterwards said he received many tips which will help him in … Read more
TBILISI, DFWatch – Free Democrats leader Irakli Alasania asks the government to put the the latest constitutional change to the people in a referendum, calling it an illegal decision. The process is already in motion to change the constitution and increase the number of members of parliament from 150 to 190. But most of the … Read more