According to importers, if GEL continues depreciation, prices of products will increase by  5%. Director General  of one of the largest importers of food products Lux 2004 states “Commersant” that prices of the imported products are  linked to the GEL rate. Guram Brodzeli explains  when the  exchange rate fluctuates rapidly, …

The ruble dropped sharply on Friday morning, falling to within 10 kopeks of the 50 to the U.S. dollar mark after OPEC’s refusal to implement production cuts caused oil prices to nosedive. The Russian currency reached 49.9 to the dollar shortly after 10 a.m., extending a dramatic week-long slide that …

The Agency of Innovation and Technologyestablished by  the Government of Georgia is working on a project that provides for the creation  ofinternet network by 2020 covering the entire territory of the country. It is planned to provide access to faster broadband internet in all localitieswith population of 200 people. According …

Georgian tour operators say about the crisis in the industry, while the National Administration of Tourism, on the other hand, reports about  a growing number of visitors. Representatives of the tourism business of Georgia speak  about a marked decline in the number of tourists coming to the country – in …

The Economic Council at Prime Minister’s Office responds to  a statement made by  theinsurance company Ardi. They Prime Minister’s Office  officials say that the Economic Council has completed work on the procurement legislation reform. According to them, on the instructions of Prime Minister, the Council considered all the problems in …

Armenia hurt neighboring countries thatarrogated lavash to itself  (Georgian lavash is more or less like Central Asian flatbread – relatively flat leavened bread; Armenian lavash, on the other hand, is like a giant tortilla). This traditional flapjack for many peoples of the Caucasus, Asia and the Middle East was officially …

November 27 – Today, people across the world are honouring Thanksgiving. Celebrated on the fourth Thursday of November, it is a day of giving thanks for the blessing of the harvest and of the preceding year. Thanksgiving is ruled by two very powerful f-words: “food” and “football”. Well, American football; …

Ordering online on www.foodpanda.ge is getting increasingly popular. Starting November 17, 2014, foodpanda extends its availability to Batumi! The well-loved service favored by people of various ages and professions continues to grow and offers comfort in windy or snowy weathers, when you’re too lazy to go outside and yet yearn …

Armenia hurt neighboring countries thatarrogated lavash to itself  (Georgian lavash is more or less like Central Asian flatbread – relatively flat leavened bread; Armenian lavash, on the other hand, is like a giant tortilla). This traditional flapjack for many peoples of the Caucasus, Asia and the Middle East was officially …