According to the President of the National Bank of Georgia (NBG), loans should be cancelled for the flood victims, especially in cases when the solvency is zero. George Kadagidze says that the National Bank is involved in the process, the process of inventory and lists verification entered the final phase. “Banks …
Read More »Daily Archives: June 19, 2015
Flood Damage Exceeds 100m GEL
Latest estimates have put Tbilisi flood damages at 100 million GEL, says Georgia’s Prime Minister Irakli Garibashvili. “The damage is quiet extensive. We have been working with donor organisations and I hope they would help us to overcome this challenge,” said Garibashvili after meeting with affected families in Akhaldaba, near …
Read More »Environmentalists Asking for a Study of Small Rivers
An interview with co-Chairperson of “The Green Movement” Nino Chkhobadze – Transport and Roads Association says the government has not taken appropriate measures after the June 13 flood, do you agree with that? – The fact that the roads are not cleaned during the rain, the water flow becomes too …
Read More »Donations for Tbilisi flood victims exceed 15m GEL
People in Georgia and around the globe are generously donating whatever they can afford to assist the hundreds of people affected by the devastating flood in Tbilisi. Thanks to the generosity of local and international donors, more than 15 million GEL has been raised for flood victims since Saturday night’s …
Read More »Government not to Submit a Draft Budget to Parliament
GEL 100 000 000 will not be enough to eliminate the consequences of the flood in Tbilisi , – the Minister of Finance says. According to him, the government should allocate tens of millions of the lari for the Tbilisi zoo. “As of yesterday evening data, about GEL 17 million are …
Read More »Georgia Hosts EU Top Officials at Batumi Conference
More than 100 foreign guests including high officials from European Union (EU) member states met in Georgia’s coastal city Batumi yesterday to discuss Georgia’s European future. On June 18 and 19 Batumi will host the 12th international conference ‘Georgia’s European Way’, organised by the Office of the State Minister of …
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