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Daily Archives: June 9, 2015

Rule of Law Index: Georgia Ranks top in Region, 29th in World

Rule of Law Index: Georgia Ranks top in Region, 29th in World

Georgia has topped the list of Eastern European and Central Asian states in a new study ranking countries on how the rule of law is experienced by citizens. Georgia gained a higher score than any other country in the Caucasus region and also higher than several European Union member states, …

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Georgian Beer Sales Fell 45%

Georgian Beer Sales Fell 45%

In March-April, sales of the local beer producers fell 45%. For this reason “Natakhtari”, “Zedazeni” and “Castel” companies call on the government and the Ministry of Finance to reverse the decision to increase excise tax on beer by 50 percent, which entered into force on 1 March 2015. According to …

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EURONEWS: Warming to Tbilisi

Euronews Georgia

In the first of our series exploring the sights and delights of Georgia, Georgian Life, we begin our journey in the country’s largest city and its capital Tbilisi. The stunning view from the hill above the city shows a patchwork of ancient and modern urban spaces, reflecting Tbilisi’s history from …

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Taste of Georgia: Ajara, Samegrelo, Svaneti

Gebjalia

Going to Georgia, travelers usually prepare themselves to enjoy khachapuri, lobio, khinkali and, of course, a variety of meat barbecues, which are called “mtsvadi” in Georgian. Advanced experts in Georgian cuisine leave some free space in the stomach for pkhali, eggplants in walnut sauce, chakhokhbili and kharcho. However, our compact …

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United Nations Lauds Georgia’s Agriculture Policy

United Nations lauds Georgia’s agriculture policy

The Food and Agriculture Organisation (FAO) of the United Nations (UN) has praised Georgia for its agricultural policy recently adopted by the country. FAO Director General Jose Graziano da Silva presented Georgia with an award for its achievements in the agricultural sector at a ceremony in Rome, Italy yesterday during …

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Investment in Georgia Declined by 34% in Q1 2015

Geostat FDI Prelimenary

According to Geostat’s preliminary data of the 1st quarter of 2015, the volume of Foreign Direct Investments in the country decreased by 34% in comparison with the same period of 2014. This year FDI only amounted to $ 175 million. During this period, the largest investor has been Azerbaijan which accounts …

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Georgian Yard-Keeper who Shares his Salary with 13 Homeless Children

Ilia Chokheli

Ltd Tbilservice Group has launched a new initiative Yard-Keeper Diaries, in which the government company will share personal stories of its workers. The first story of this series has already won hearts of the Georgian readers after its appearance on the news agency iPress.ge.  38-year old Ilia Chokheli is Tbilservice Group’s …

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Exports of Georgian Wine Fell due to the Situation in the Region

Exports of Georgian Wine Fell due to the Situation in the Region

For the past several months, exports of the Georgian wine to Russia and Ukraine have sharply reduced. Winemakers hope that the situation will improve with time, but the statistics are still showing its further deterioration. According to General Director of Shuhman Wines Nutsa Abramishvili, the fall in exports is seen due …

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What is the Estonian Corporate Income Tax System?

What is the Estonian Corporate Income Tax System?

An interview with the head of Taxpayers Union of Georgia Gigla Mikautadze – The government is working on the abolition of income tax. As we found out a few days ago, the Ministry of Finance is considering the Estonian model. What does the Estonian corporate income tax reform include?  Profits …

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Georgian Fans Invited Sir Paul McCartney To Georgia

Georgian Fans

British songwriter and worldwide famous singer, Sir Paul McCartney stopped his show in Amsterdam to bring his fans into a stage. Fans appeared to be from Georgia, who brought Georgian National Flag and poster with the inscription: “Paul come to Georgia or at least sign our flag.” Fans said their …

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