Economy

Annual Inflation at 13.7% in February

Inflation growth slowed slightly in February, although the rate remains high.

Georgian PM: We Welcome Council's Decision on Reviewing Our Application

"We welcome the Council’s decision to ask the European Commission to examine the applications for the EU membership submitted by Georgia-Moldova-Ukraine", - Georgian Prime Minister Irakli Garibashvili tweeted.

Economist Oto Abesadze on Georgian Lari Depreciation and Increased Fuel Prices

"As a result of extrapolation in the dynamic range over time, fuel will increase by 50 tetri and the Georgian Lari will depreciate by 40 tetri again," economist Oto Abesadze wrote on his Facebook page.

Pegasus Airlines Suspends Flights to Russia from March 10

Turkish low-cost airline Pegasus Airlines will suspend flights to Russia from March 10.

Vera Kobalia: Aviation Charity Campaign Launched to Help Ukraine

Vera Kobalia, Advisor to the Canadian government and former economy minister of Georgia declares that an aviation charity campaign has been launched to help Ukraine.

EU Agreed to Begin Reviewing Georgia's, Ukraine's, and Moldova's Membership Bids

In the wake of Russia's invasion, the EU has agreed to begin reviewing Ukraine, Georgia, and Moldova's membership applications.

20-25,000 Russians Entered Georgia Recently

The Minister of Economy, Levan Davitashvili declared that 20,000-25,000 Russian citizens had recently arrived in Georgia.

Tbilisi City Hall is Ready to Shelter Ukrainian Refugees

There will be several places in Tbilisi where citizens can deliver products to help Ukraine. The Tbilisi government is ready to participate in the humanitarian aid process for Ukraine.

Georgia Submits an Official Application for EU Membership Tomorrow

According to Irakli Kobakhidze, Chairman of the Georgian Dream party, the Georgian government, is already preparing an application for EU candidate status.