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Daily Archives: July 6, 2015

Six Young Georgian Filmmakers’ Short Films Funded by TBC

Last week the movie theater Amirani showcased short films of six Georgian young filmmakers. All of the films were finalists of the Georgian National Film Center competition.  All six films are charming in their own way, many of them share the Kusturica-like unifying theme of death and its rituals. It …

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World Experts Gathering in Tbilisi for Silk Road Forum

This autumn Georgia is hosting hundreds of global high-ranking officials and business leaders to attend the Silk Road Forum. Prime Minister of Georgia Irakli Garibashvili has held several meetings in the frame of the World Economic Forum 2015 in Davos, Switzerland. It has been revealed through the meetings that the Netherland’s trade …

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Impact of External Shocks on the Economy of Georgia

Economic situation in the main trade partners is of great importance for the countries with small economies such as Georgia. That is the conclusion of the survey conducted by  the Business School at Ilia State University. The researchers estimate that a decline in purchasing power in the region, the developments in …

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Georgian Junior Judokas Success at European Championship

Georgian junior judokas have succeeded at a top European tournament and returned home with almost twelve medals. The Georgian junior team gained: three gold, three silver and five bronze medals in male, female and team categories at the 2015 Cadet European Championships in Bulgaria. The European Judo Union praised the …

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Latest Travel Advice for Tourists Heading to Greece

Greece’s rejection of Europe’s latest bailout offer has raised uncertainty for millions of vacationers planning to head there for their summer break. With a “Grexit” from the eurozone an ever increasing prospect, banks remaining shuttered and concerns over shortages of basic goods, many will be questioning whether or not to …

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Crying Greek Pensioner: The Story Behind The Poignant Photo

A heartbreaking photograph of an elderly man collapsed on the ground openly crying in despair outside a Greek bank, his savings book and identity card strewn next to him, has captivated people around the world. The image illustrates how ordinary Greeks are suffering during the country’s debt crisis and it quickly …

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12% Contraction in Fuel Prices Result in Low Inflation

In May the general level of consumer prices rose by 0.6% compared to April 2015. While the May inflation in 2014 marked 0.3%. As a result, in the reporting period the annual inflation rate increased month on month and totaled 3.5%. Prices of the consumer basket rose by 3.5% in …

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What Happened at Apakidze Street, Tbilisi (Photo Gallery)

A Soviet Era building collapsed at Apakidze 13 in Tbilisi today. We reported earlier that a building located behind the Sports Palace collapsed in the Saburtalo district. The building was used by the Institute of Mathematics prior to being sold to a private investor. The building was being refurbished at the moment …

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Placebo for Tbilisi Recovery after The Flood

Famous band Placebo,which will play for the Georgian audience on July 7 at Tbilisi Open Air is going to transfer concert money to Tbilisi relief fund. Placebo are an English alternative rock band, formed in London in 1994 by singer-guitarist Brian Molko and guitarist-bassist Stefan Olsdal.

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