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Daily Archives: May 27, 2015

Parliament Takes Control of Georgian Banks

Parliament Takes Control of Georgian Banks

Banking Supervision Department may separate  from the National Bank and be  established as an independent legal entity,  if Parliament  supports  the Budget and Finance Committee Chairman, Tamaz Mechiauri’s initiative. How reasonable is  this  initiative taking into account  the national currency’s  fluctuations. The fact is that the public has serious questions …

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Georgia Welcomes Olympic Flame

Georgia welcomes Olympic flame

The Olympic flame for the 2015 European Youth Olympic Festival (EYOF) has landed in Georgia’s seaside city Batumi ahead of the Tbilisi 2015 torch relay after being flown from Athens, Greece. Dozens of torch bearers and Georgian athletes were the first to welcome the Olympic flame to Georgia at a …

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Reasons and Ways Magti Objected to 4G Technology Introduction

Magticom Loses Subscribers, Geocell and Beeline Draw New Ones In mid 1990s you would attract attention in two cases: when driving a good foreign vehicle or keeping a cell phone. Tariffs were unbearably expensive and cell phones were so huge in size, you could use it as a hammer or …

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Should Georgia Construct High-Risk Hydro Power Plants?!

Green Alternative and Green Fist nongovernmental organizations urge EBRD not to finance high-risk projects in Georgia. A Green Fist representative Khatia Maghlaperidze says EBRD is financing a construction of three HPPs in Georgia, namely, Dariali, Shuakhevi and Paravani HPPs. However, environmentalists have recently learned EBRD also plans to construct supposedly …

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