Home / 2015 / June / 11

Daily Archives: June 11, 2015

Legendary Actor, Christopher Lee, Dead at 93

christopher lee

Legendary actor Sir Christopher Lee, best known to modern audiences for his role as Saruman in Peter Jackson’s The Hobbit and Lord Of The Rings film trilogies, died on Sunday in a London hospital after suffering from respiratory problems and heart failure, according to The Guardian. He was 93. Born …

Read More »

Income Tax to be Replaced by a Tax on Dividends

Income Tax to be Replaced by a Tax on Dividends

The Georgian government intends to abolish the income tax and replace it with a tax on dividends. Currently several versions are under consideration and the so-called Estonian model is likely to be chosen. According to Deputy Finance Minister Lasha Khutsishvili, there is an opinion that the tax on dividends should …

Read More »

Citrus Industry can Face the Challenges of Selling Products

Citrus

Along with viticulture, the citrus industry can also face the challenges of selling  products this year  that, despite the expected problems with sales, expects  a good harvest. Otar Putkaradze, the head of the exporting company “Shalta 21”, says that  80% of the company’s exports account for Ukraine, and because of …

Read More »

Economy Minister: Visa Facilitation will Promote Economic Development

Economy Minister: Visa Facilitation will Promote Economic Development

According to Economy Minister George  Kvirikashvili, simplification of visa regulations will boost the number of tourists and economic development. The head of the economic department says  that a number of restrictions existing until recently have been made to the visa law. “In particular, they  approved a list of countries whose …

Read More »

German Prosecutors Raid Deutsche Bank Offices

German Prosecutors Raid Deutsche Bank Offices

German prosecutors have raided Deutsche Bank offices in Frankfurt in a search for evidence related to client securities transactions, as Germany’s largest lender struggles to break free of regulatory issues that contributed to an overhaul of its top leadership this week. A source familiar with the situation said Tuesday’s raid …

Read More »

Georgia increases investments from Azerbaijan by quarter

investment

Azerbaijan’s investments in Georgia’s economy totaled $ 59 million in the first quarter of 2015, which is 25.5 percent more than in the same period of 2014, the Georgian National Statistics Service’s report said June 9. As of the reporting period, Azerbaijan with a special weight of 33.7 percent was …

Read More »