News: Business

Europe on Edge as Greece Prepares for New Elections

Parliamentary elections in Greece will be held June 17

Georgian State Corporation Sells Bonds in London

The Georgian Oil and Gas Corporation has placed bonds worth $250 million on London Stock Exchange

Batumi Hosts OSCE Forum

Georgian Minister of Economy and Sustainable Development Vera Kobalia spoke about the reforms in Georgia and the tasks that the government faces

Greece Looking for Ways to Avoid New Elections

Socialist and Conservative parties are conducting negotiations to form a new government

Saakashvili: Russia Forced Georgia to Make Good Wine

“This country has forced Georgia to produce wine of highest quality,” Saakashvili said

Ivanishvili Sells 'Russian Credit Bank'

Russian Credit Bank was started in the early 1990’s

French, Greek Elections Impact Future of Eurozone

Analysts are trying to forecast whether anything will change in their politics

World Tourism Conference Held in Batumi

The Georgian seaside town of Batumi is preparing for the new summer season

Saakashvili: Georiga Welcomes Russian Tourists

Saakashvili said that he welcomes Russian tourists

Elections Leave Greek Government in Limbo

It is not yet clear who will lead the next Greek government

Putin Lays Out Ambitious Economic Objectives

Russia should go up 100 positions in the World Bank’s Doing Business ranking by 2015 according to a new presidential decree

New International Airport Constructed in Kutaisi

Georgia hopes the airport will offer cheap fares for Georgians travelling abroad, and for foreign tourists coming to the country

Croatian Wine Makers Prepare to Join EU

Croatia awaits economic benefits from joining the EU next July

Georgian Wines Receive Medals at Wine Festival in Prague

Two Georgian wine companies, were awarded bronze medals at the International Wine & Delicacies Festival in Prague

Georgia To Provide Health Insurance for Pensioners and Toddlers

Pensioners and preschool-age children will soon be provided with state-supported health insurance

Eco Tourism Developing in Georgia's Tusheti Region

A unique project, innovative in managing protected areas, is being developed in a high-mountainous Georgia region

Ukrainian Arms Exports See 8-Fold Increase

Ukraine sold $2.7 million worth of military equipment in the first quarter of 2012

Re-Exported Cars Remain Georgia's Top Export

Although Georgia's foreign trade rises, so too does its trade deficit and its top export brings it little overall profit

Georgian Ecologists Say 'No to Large Dams'

Georgian environmentalists held a rally for “No large Dams” in Tbilisi today

Kazakhstan to Offer Visa-Free Travel for OECD Countries

Kazakhstan intends to cancel visa requirements for the 34 countries that are a part of the Organization for Cooperation and Development

Georgia's 'Golden Village' Without Gas, Electricity

After years of waiting for the problem to be solved, the majority of residents have left the village

Castles For Lease in Albania

Albania has decided to lease castles and other historical sites with the aims of developing tourism

Georgian Soda Returns to Russia

Zedazeni soft drinks due to return to Russian markets

Georgia’s Tax Code Translated for Ethnic Minorities

The instructional pamphlet is designed to help businessmen not fluent in Georgian

South African Farmers Study Opportunities in Georgia

120 businessmen from South African have visited Georgia and some of them have started a business in Georgia