Medical resorts in Georgia meet the summer season with raised prices. Due to food price hikes and the lari’s depreciation , this year service prices in sanatoriums will be increased. According to Marina Meladze, the administrator at the spa resort “Samta Nunisi”, the hotel prices will increase by 10-20%, because …Read More »
Daily Archives: May 5, 2015
Famous freelancer, Helen Graves who has worked for loads of well known media channels like The Guardian, The Times, The Evening Standard, Sainsbury’s Magazine and others, writes about food Markets of Georgia. The Georgians are remarkable characters, famous for their hospitality; warm, open and generous, their eyes sparkle and their laughter …Read More »
Georgia’s Honorary Consulate has opened its doors in Jerusalem, Israel. Sunday’s opening ceremony was attended by Israeli Foreign Minister Avigdor Lieberman and many other high officials from Israel’s Foreign Ministry. Lieberman, who resigned yesterday, gave a speech that stressed the two countries’ 2600-year-old friendship. “Lasting friendship between Georgia and Israel …Read More »
Who Controls Offshore Accounts, where Millions of USD Raised from Georgian Internet Subscribers are Deposited?!
Last period the Banks&Finances newspaper has been actively covering the issue of internet tariffs in Georgia. Increased tariffs are badly affecting Georgian citizens. Everybody agrees domestic providers have set unjust tariffs on the market. The Association of Young Financiers and Businessmen (AYFB) shares the same position. According to an AYFB …Read More »
Loan With 301% Yield Several months ago commercial banks were banned to hold non-core assets. Commercial banks have fulfilled instructions of the National Bank of Georgia (NBG) and non-core assets are not registered in their foundation documents any more. In reality, everybody knows commercial banks will not entirely refuse their …Read More »