TBILISI, DFWatch–The Georgian parliament again failed to hold an extraordinary session about how to tackle a drastic drop in the value of the national currency, the lari.
Again, the reason for cancelling the plenary session was that parliament members from the governing
TBILISI, DFWatch–Six people were detained during clashes at a rally against the government’s economic policy outside the old parliament building in Tbilisi on Thursday.
Free Zone, an activists group which supports the National Movement, demonstrated
TBILISI, DFWatch–The Georgian president on Tuesday called a special parliamentary session dedicated to the monetary crisis in the country on March 13 at 12:00.
The president’s administration published a decree signed by Giorgi Margvelashvili, which specifies
TBILISI, DFWatch–The Georgian president on Monday decided to call a special session of parliament to let the government face its critics after the national currency dropped thirty percent.
Free Democrats MP Irakli Chikovani announced the decision after a meeting
TBILISI, DFWatch–The National Movement party warns of an economic crisis in Georgia and demands measures from the government.
The government claims the situation is under control and the ruling coalition sees no need for scheduling the special session.
TBILISI, DFWatch–President Margvelashvili is reconsidering the idea of having a special parliament session to discuss the crisis sparked by an over 30% drop in the value of the national currency, the lari.
At the height of panic a few weeks ago, the president
TBILISI, DFWatch–The government in Georgia says it has not yet prepared an action plan for tackling the currency crisis after a drastic drop in the value of the national currency lari over the last few months.
An action plan was expected on March 5, after
TBILISI, DFWatch–Georgia’s former ruling party, the National Movement, is preparing to take to the streets this spring in a change of roles since a few years back.
The call comes after the government refused to show up in parliament on Saturday to debate
TBILISI, DFWatch–The president of Georgia’s National Bank may be impeached after former Prime Minister Bidzina Ivanishvili on Thursday accused him of inaction in the face of a sudden thirty percent drop in the lari.
The National Bank is an independent body whose
TBILISI, DFWatch–Georgia’s National Bank will not spend its reserves of foreign currencies to stabilize the lari despite a dramatic 30 percent drop earlier in the week.
The bank’s president Giorgi Kadagidze explained at a briefing at noon on Friday that