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Monthly Archives: September 2014

Dutch Supermarket Chain Entered Georgian Market

Today, the Dutch supermarket chain SPAR International opens its first three objects  in Tbilisi. The opening ceremony will be attended by the company’sInternational Business Development Director David Moore, the Minister of Economy George Kvirikashvili, Ambassador  of the Kingdom of the Netherlands to Georgia  Hans Horbach and “Foodmart” Director George Chubinishvili. The deal does not envisage the  purchase of …

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Centre for Economic Policy Research: In 2014, the Budget Situation is Better than in 2013

An interview with the head of the Centre for Economic Policy Research Roman Gotsiridze Should we expect the budget problems in 2014,especially when  a budget shortage is observed due to  shortfall in international loans and grants? It is known that GEL 900 million left by the previous government as a reserve have saved last year’s budget. Without this, the budget would not havebeen executed due to lack …

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“PSP” Company: Due to New Regulations, Pensioners will Have to Live in Line for a Prescription

A member of Parliament from the ruling party and the founder of a large pharmacy network “PSP” Kakha Okriashvili expresses discontent regarding the new regulations banning the purchase of more than 5 000 kinds of drugs without a prescription. “I think that the Ministry of Health took this decisionthoughtlessly, without a sufficient analysis of  the situation. In the end, the …

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Program to Support Small Business to be Launched in 2015

Government launches a new program with a total budget of  GEL20 million to support micro- business. It provides for the issuance of grants in the amount of GEL 5 000 to peasants, and grants in the amount of GEL 15 000 for small business entities, consisting of three people. Everyone who will decide to open a business in rural areas and invest in the project at …

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Some Medicines may be Sold without a Prescription again

Pharmaceutical companies will provide the Ministry of Health with the list of medications which need to be moved to the third group of medications being issued without prescription. The  Health Minister told reporters that  the list would be discussed at the Ministry today. “This is a current issue. I cannot see any limitation. …

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Financial Collapse in the Memory of “Kazantip” Festival

12 000 visitors instead of 60 thousand visitors , debts instead of millions of profit. Residents  of Anaklia are dissatisfied with the results of the “Kazantip” festival . A situation in the hotels is relatively stable. Unlike other people, they have not suffered damage, but didn’t made a  profit – “Rezonansi” daily writes. …

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New Visa Policy of Georgia – what are Pros and Cons?

According to the Deputy Minister of Internal Affairs of Georgia David Zankaliani, visa policy is not actually tightening; we are talking just about the regulation of migration policies in line with international standards. “The visa regime was introduced only for a few countries, the vast majority of countries with which Georgia had visa-free regime …

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Gov’t not Works on Unemployment Insurance so far

Unemployment insurance and unemployment compensation promised by the government has not yet been included in the agenda item. None of the structure is working  of this issue at this point, however, the government is still going to introduce the abovementioned  insurance product in the future. Amiran Gamkrelidze, the health minister candidate, spoke about  a  labor compensation as well.Gamkrelidze emphasized the importance of …

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Georgian Winemakers cannot Master Quota for Deliveries to Turkey

Georgian wine companies still cannot master the quota for the supply of wine to Turkey, which is one million bottles. According to Director  of the National Wine Agency Levan Davitashvili, now only 100 000 bottles are exported to Turkey, and it is connected with the “unusual market regulation, which can be modified only by the government of the country.” “It is difficult to work there from …

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Kazakh Management may Return to “KazTransGas – Tbilisi” this Year

Tbilisi gas distribution company owned by the Kazakh state company “KazTransGas” may soon come back under the control of the Kazakh management – Director General of “KazTransGas-Tbilisi” Sanzhar Shokataev told  “Commersant”. At the same time, he notes, at this stage, the issue on the company’s sale is not relevant, in spite …

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Government of Georgia not yet Defined the Terms of Vehicle Inspection

Details of the initiative to introduce the technical inspection of cars in the country are still not fully refined, and at the moment there is no information about what criteria are supposed to be developed  for the procedure. “Commersant” was told at the Ministry of Economy that the Ministry  is  working  on this issue …

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