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Daily Archives: June 1, 2015

IMF focuses on Georgia’s Economy with PM Garibashvili

IMF focuses on Georgia's economy with PM Garibashvili

Georgia’s developing agricultural sector, growing export trends and reputation as a top tourism destination is having a positive effect on the country’s growing economy, says the country’s Prime Minister. Today Prime Minister Irakli Garibashvili spoke with world financial experts from the International Monetary Fund about Georgia’s economic process and macroeconomic …

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Mahan Air and ATA Airlines to Fly from Tbilisi to Tehran

Mahan Air and ATA Airlines to Fly from Tbilisi to Tehran

Two Iranian airlines – Mahan Air and ATA Airlines – will perform Tbilisi-Tehran flight. According to the head of the Civil Aviation Agency of Georgia Guram Jalagonia, tentatively flights will be operated from June, after the parties sign a relevant Memorandum. According to him, the frequency of flights and other technical …

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Bureaucracy still a Problem for Business

Bureaucracy still a Problem for Business

Representatives of the Georgian business consider excessive bureaucracy, various regulations imposed by the government as well as the devaluation of the national currency the most serious problem in their work. At the end of 2014, these same businessmen focused on the growth of bureaucracy in the country. After their critical …

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Despite Problems, Demand for Bank Loans Still Exists

Despite Problems, Demand for Bank Loans still Exists

Amid constant changes in the exchange rate, we quite often forget to ask a question on which Georgia’s economic stability is heavily dependent: how stable is the county’s banking sector? We forget this, as often we do not realize that the banking sector’s state identifies the savings, lending conditions, the …

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Georgia’s Defence Minister meets NATO Secretary General

Georgia’s Defence Minister meets NATO Secretary General

Georgia’s Defence Minister Tinatin Khidasheli is set to meet Secretary General of the North Atlantic Treaty Organization (NATO) Jens Stoltenberg in Brussels today. The meeting was announced on the NATO official website, which also stated there will be no media opportunity after today’s meeting. This will be Khidasheli’s first visit to …

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Georgia Planning to Build About 100 New Hydro Power Plants

Georgia is planning to build 91 new small hydro power plants, said the country’s energy ministry. Among those planned the Khaishi Hydro Power Plant, the Tobari Hydro Power Plant and the Pari Hydro Power Plant, as well as a cascade of hydro power plants on the Tskhenistskali River are the largest …

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Georgia Celebrates St. Nino’s Entrance Day

On June 1, Orthodox Church of Georgia marks the day of St. Nino’s entrance from Cappadocia. Her tomb is still shown at the Bodbe Monastery in Kakheti region, eastern Georgia. St. Nino has become one of the most venerated saints of the Georgian Orthodox Church and her attribute, a Grapevine …

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International Children’s Day: June 1st

International Children’s Day 2015 marks the 90th global celebration of the rights and well-being of children around the world. It is a day dedicated to not only celebrating, but also appreciating, the role children play in the future of all communities around the world. Celebrating children, while internationally recognized almost …

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Google’s Ultra-Cheap Virtual Reality Now Works With iPhones

Google's ultra-cheap virtual reality

Google released Cardboard for iOS to the App Store on Friday, officially bringing the company’s ultra-cheap virtual reality to iPhones. The free app, which works in conjunction with a DIY mount costing about $20, is available for the iPhone 5 and above, and early reviews report a smooth experience. Google …

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