Home / 2015 / February (page 20)

Monthly Archives: February 2015

Shortage of Low-cost Accommodation in Tbilisi to be Solved

In the near future, there will not be a shortage of low-cost accommodation in Tbilisi,  tourism experts predict. Due to the deficit of the hotels, prices  will be  gradually regulated and occupancy will  decrease.  Tbilisi is one of the leaders in Europe in the shortage of hotels. Shalva Alaverdashvili, President of Georgian …

Read More »

Starbucks not coming to Georgia — Commersant

Newspaper “Commersant” reported that the American franchise Starbucks is not planning to enter the Georgian market as of yet. “Commersant” contacted the company’s representative in Central Europe and Asia, Eamon van Stijn regarding the rumors that have been circulating in the country about Starbucks coming to Tbilisi. “Starbucks takes very …

Read More »

Georgia’s monthly inflation rate in January amounts to 0.2 %

Georgia’s monthly inflation rate in January 2015 amounts to 0.2 percent, revealed the latest data from the National Statistics Office of Georgia (Geostat). In the reporting period the inflation rate is formatted following the price changes of alcohol, cigarettes, vegetables and other basic needs. The price for food and non-alcoholic …

Read More »

Taiwan passenger plane crash-lands in river

Plane hits a road bridge and crashes, killing nine people, as rescuers try to reach dozens of trapped passengers     A passenger plane with 58 people on board has plunged into a river outside the Taiwanese capital Taipei, killing nine people, according to national media reports. About 16 people …

Read More »

Georgian beer producers ask for a meeting with PM

In protest against the increase in excise duties on beer, Georgian breweries launched a campaign “Do not make my beer more expensive.” Representatives of the company “Natakhtari”, “Zedazeni” and “Castel- Georgia” discuss problems caused by an increase in the excise tax on beer. According to them, a 50% increase in excise …

Read More »

SOCAR increases gas tariff for Georgia’s commercial consumers

Socar Georgia Gas company increases the cost of natural gas for commercial consumers of Georgia, the company said on Feb. 3. “There was a need to adjust the price of natural gas for consumers of Georgia’s private sector given the volume of natural gas imports and changes in the national …

Read More »

Georgia’s monthly inflation rate in January amounts to 0.2 %

Georgia’s monthly inflation rate in January 2015 amounts to 0.2 percent, revealed the latest data from the National Statistics Office of Georgia (Geostat). In the reporting period the inflation rate is formatted following the price changes of alcohol, cigarettes, vegetables and other basic needs.

Read More »

Moody’s reviews Georgia’s macroeconomic indices

Georgian Finance Minister Nodar Khaduri met with Moody’s representatives. Khaduri briefed the guests on macroeconomic indices, main directions of economic policy and investment sphere in the country, the Georgian finance ministry told Trend Feb. 2. The sides discussed the future fiscal policy for the medium term, the budget-2015, tax policy, …

Read More »

From Denmark to China, currency pegs around the world in focus

Hellerup, 3 February, 2015 By John J. Hardy After the January 15 currency earthquake, when the Swiss National Bank suddenly walked away from the franc ceiling, currency pegs around the world have come into focus. In Europe, the effort has been on finding parallels with the Swiss franc, with two …

Read More »