Economy

UK Suspends Bilateral Cooperation with Georgia Amid Rising Concerns

The United Kingdom has announced a suspension of several cooperative initiatives with the Georgian government, citing unacceptable violence and political instability

Bidzina Ivanishvili Speaks with French President Emmanuel Macron; Conversation Initiated by Macron

The founder and honorary chairman of "Georgian Dream," Bidzina Ivanishvili, held a telephone conversation with French President Emmanuel Macron.

EU Commission Urges Georgia to Address Key Issues to Maintain Visa Liberalisation

The European Commission has raised concerns about recent developments in Georgia, hinting at the potential activation of the visa suspension mechanism for specific categories of individuals.

Georgia's FDI Volume Drops by 55.2% in Q3 2024 - Geostat

Preliminary data from "Geostat" reveals a significant decline in foreign direct investment (FDI) in Georgia for the third quarter of 2024.

ADB Approves $25 Million Loan to Enhance Vocational Education in Georgia

The Asian Development Bank (ADB) has approved a GEL 68,198,000 (USD 25 million) budgetary loan to support Georgia's efforts to improve the quality and accessibility of vocational education.

Davit Narmania: Participants Saved an Average of 400,000 GEL Through Energy Exchange Trading

I positively evaluate the activity on the energy exchange under the voluntary trade conditions and believe that trading on the energy exchange will become even more dynamic in the next stage.

David Narmania: The Goal of GNERC is to Protect Consumers and Ensure Quality Utility Services

David Narmania, the Chairman of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), presented at the III International Conference on Competition and Consumer Protection.

Mestia City Hall Urges Bitcoin Miners in Chuberi and Khaishi to Shut Down Operations

The City Hall of Mestia has issued an urgent request to Bitcoin mining operators in the communities of Chuberi and Khaishi to shut down their machines due to a critical surge in electricity consumption.

Georgian Pension Agency Invests 150 Million GEL in EBRD Bonds

The Georgian Pension Agency has invested 150 million GEL in bonds issued by the European Bank for Reconstruction and Development (EBRD)