Real GDP Growth Expected to Reach 4.6%

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the fourth quarter of 2018...

The Importance of This Year’s Nobel Memorial Prize in Economic Sciences

This year has plagued a number of countries with tremendous natural disasters...

Israel Inspires Georgian Politicians. For All the Wrong Reasons

Four years after rising to power in 1977, Israel’s Likud party was about to be dealt a major...

October: Average Hotel Prices in Georgia & Hotel Price Index

In Georgia, the average cost of a room1 in a 3-star hotel was 139 GEL per night in October 2018...

The President of Poland Supports Visa-Free Regime with Kazakhstan

Polish President Andrzej Duda on Wednesday began an official visit to Kazakhstan...

Russia Supplying Oil to North Korea? No Problem, Says Putin's Press Secretary

North Korea is likely buying diesel from Russian oil companies via trading companies...

Georgian Wine Export Increases in Last 8 Months

For the period of January-August, 45.3 million bottles of wine were exported...

No Fundamental Macroeconomic Basis for Significant Devaluation of Lari

“Today there is not a fundamental macroeconomic basis for significant depreciation of GEL. Meaning, the economic...

Georgian Government Officials Meet with EBRD President

Prime Minister of Georgia Giorgi Kvirikashvili met with Mr. Suma Chakrabarti, President of European Bank for...

Wine & Cigars: A New Tourist Destination for Batumi Visitors

In August, Hotel Euphoria opened a Georgian...

Georgia Hosts Annual Agile Spirit Drills

The annual multinational military drills ‘Agile Spirit’ have been launched...

Visa: Offering Security and Innovation in Georgia & Worldwide

Following the Visa Middle East and Eastern Europe Security Summit 2017...

Gov’t to Construct Logistics Hub in Kutaisi

The Government of Georgia plans to construct a logistics center...

Rosneft Becomes Chinese Strategic Partner

Rosneft and the Chinese conglomerate CEFC China Energy Huaxin...