Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

Never Waste a Good Crisis

Achieving economic independence from Russia will be costly in the short-term...

Trade Deficit Shrinks, as Exports, Tourism & Remittances Show Strong Growth

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second quarter of 2019...

Will Jens Stoltenberg’s Visit to Georgia Have Any Grand Implications?

NATO Secretary General Jens Stoltenberg arrived in the Georgian...

Georgian Silence as Russia-Abkhazia Railway is Restored

Parallel to the devaluation of the national currency, the government has...

Georgian Currency: Worst Drop Since March 2015

Georgian currency depreciated by a record 1.3%, falling to 2.40 against the...

Armenia: Dram or Drama?

Residents of Armenia are expecting another currency crisis in the hours...

Betsson Acquires Europe-Bet in $85 million Deal

Stockholm-based Betsson AB has acquired Georgia’s second-largest gaming company...

Green Budapest: Ready for You to Select the Final Touches

Residential Complex Green Budapest construction is steaming ahead at top...

Study Finds Huge Benefits in Georgia-China Free Trade

Georgia has been an economic bridge between East and West for thousands...

WMTR Program Launches Second Season of Eco-Camps

Aiming to increase awareness among the young generation of environmental...

ProCredit Bank Introduces Modern 24/7 Zones

ProCredit Bank continues to offer its customers exciting developments and innovative...

ADB Extends $20 MILLION to Protect Vulnurable Batumi Coastline

The Asian Development Bank (ADB) has approved a $20 million loan to stem...