Economics

What is Georgia selling in Europe? Eight years of the Association Agreement

Georgia - EU

December 01, 2022

y signing the Association Agreement with the European Union in 204, Georgia was exempted from export customs duties. What has happened since this?

Economic boom in Georgia the result of the war in Ukraine - CNBC

Georgia-Russia

November 28, 2022

While many economies are suffering from the impact of the Russian invasion of Ukraine, several countries are benefiting from the flow of Russian migrants and Georgia is among them, American cable news channel CNBC writes.

How the war in Ukraine affects the real estate market in Georgia

War in Ukraine

November 28, 2022

Compared to the same period last year, rent has increased by 210%

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Tea business in Ninotsminda and a 22-year-old female entrepreneur: How the EU and CENN help youth

CENN

November 22, 2022

The story of a 22-year-old girl from Ninotsminda who started her own business with the help of CENN

Income of all Armenian citizens to be declared starting next year

Armenia

November 22, 2022

Starting in 2023, a system for declaring the income of all resident citizens will be introduced in Armenia by the Ministry of Finance, a plan approved by the government and soon to go to parliament.

Russia ranks first in money transfers to Georgia

Georgia

November 18, 2022

A total of $502 million was transferred to Georgia last month

Azerbaijan proposes to increase minimum wage nearly two-fold

Azerbaijan

November 15, 2022

According to the opposition politician, such a sharp increase in the minimum wage will cause a new wave of inflation, and other steps are needed for the well-being of citizens

Economic growth in Georgia is unstable - European Business Association

Georgia

November 15, 2022

“A number of challenges remain for the Georgian economy as a whole”

About half a million Russian citizens entered Georgia in July-September

Georgia

November 15, 2022

From July to September 2022, the largest number of visitors entered Georgia, with 443,600 people arrived from the Russian Federation. This is 27.7% of the total number of all who came to Georgia.

Is Georgia's economic growth sustainable?

Georgia

November 11, 2022

The sustainability of Georgia's economic growth is debatable, and the country needs to improve infrastructure and ensure energy efficiency

Russia, Georgia, Iran lead in number of tourists to Armenia

Travel Armenia

November 09, 2022

In the first ten months of 2022, almost 1.5 million tourists visited Armenia. The largest number was from Russia - 46% of all arrivals

Majority of foreigners entering Georgia still Russian

Georgia

November 09, 2022

Over the year the number of Russians who entered the country increased by 274%

Most Russian companies registered in Georgia after February

Georgia

November 09, 2022

Georgia's economic dependence on Russia has increased in 2022

Camel blanket and home circus - how Abkhazians are experiencing "dark times"

Abkhazia

November 09, 2022

While a common problem, rolling blackouts in Abkhazia have gotten much worse after shortfall from Russia and unsuccessful repairs on an existing line

Study: EU spent 3 times less on aid to Ukraine than on Russian oil and gas

War in Ukraine

November 08, 2022

Can Europe buy less Russian energy and help Ukraine more?

Government: By 2030, Georgia will be among high-income countries

Georgia

November 07, 2022

"If development continues, if there is peace, and if this economic policy continues"

Cause of record number of jobs in Armenia: expert opinion

Armenia

November 02, 2022

According to economist Narek Karapetyan, three factors have contributed to this -- economic recovery, relocation of people and organizations from Russia, and making under the table work official

Online stores in Georgia may be fined over defective products

Georgia

November 01, 2022

The Competition Agency will begin enforcement of the law which passed back in June

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