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Daily Archives: February 19, 2019

Karl Lagerfeld Fashion Icon Dies at 85

The fashion designer Karl Lagerfeld has died aged 85, his Chanel label has said. As one of the most prolific and admired designers of modern times, Lagerfeld’s influence on the fashion industry is unparalleled. Known fondly in fashion circles as “the Kaiser” thanks to his German heritage, he was famously uncompromising in …

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Marriott International Celebrates Multimillion-Dollar Refurbishment of Sheraton Grand Tbilisi Metechi Palace

Sheraton Hotels & Resorts, part of Marriott International, has unveiled the transformation of the iconic Sheraton Grand Tbilisi Metechi Palace following a full-scale renovation. The property will now sit in the brand’s premier tier of hotels recognised for their enticing destinations, distinguished designs, exemplary dining and excellence in service and …

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Tbilisi to Host Startup Grind International Conference

Georgia will host the Global Startup Grind conference annually in the footsteps of San Francisco, London and Barcelona. Avtandil Kasradze, chairman of the Innovation and Technology Agency of the Ministry of Economy and Sustainable Development of Georgia, Derek Andersen, founder of Startup Grind, and Coleman Donahu, the representative of Startup …

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237.5 Thousand of Georgian Citizens are Unemployed

According to Geostat, in IV quarter 2018 year the unemployment rate increased by 0.1 percentage point compared to the previous quarter and equaled 12.3 percent. In 2018 the annual unemployment rate decreased by 1.2 percentage points compared to 2017 and amounted to 12.7 percent. It should be noted that the …

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Prime Minister Returns 17th Century Painting to Dresden Gallery

On Germany’s invitation, the Prime Minister of Georgia visited the Dresden Gallery to attend the depositing ceremony of Still Life with a Hare, a 17th century painting by Pietro Francesco Cittadini, which the Prime Minister of Georgia handed to Chancellor Angela Merkel of the Federal Republic of Germany during her …

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Vazil Hudák: Priority Issue is to Attract Foreign Direct Investments to Georgia

Minister of Economy and Sustainable Development George Kobulia held a meeting with the Vice-President of the European Investment Bank, Vazil Hudák and the accompanying delegation. Deputy Ministers of Economy and Sustainable Development Natia Turnava and Ekaterine Mikabadze also attended the meeting. Investment portfolio of the European Investment Bank in Georgia …

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Russian Threats in Georgian Economy

Several days ago, government offices published statistical indicators, that, at a glance, seem encouraging. Namely, despite negative forecasts and swine flu, in January 2019, the tourist inflow to Georgia rose by 18% year on year. Moreover, it is reported that agriculture product exports have grown, and  exports totaled 935 million …

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