Georgia refuses from dollars
The Georgian Prime Minister Giorgi Kvirikashvili believes that there is no alternative to dedollarization and strengthening confidence in the Georgian national currency in the long term. "We must take …
Emzar Dzhgerenaya
Is Georgia saving the lari with the help of budget cuts?
The Government of Georgia plans to cut budget expenditures: an appropriate package of changes has already been prepared and announced today by Prime Minister of Georgia Giorgi Kvirikashvili. "One of its components …
How will migration crisis in EU affect Georgia's fight for visa-free regime?
The migration crisis in the EU could threaten the existence of the Schengen system, Hungarian Prime Minister Viktor Orban said today. According to him, "it is under threat today, unless there will be strict control of EU borders." "The ...
Georgia uses key rate against inflation
The National Bank of Georgia increased its key policy rate from 5% to 5.5% and predicted further gradual tightening of the monetary policy in the course of this year. "The monetary policy decision is based on the macroeconomic forecast,
