Edition:
United States

Margarita Antidze

UPDATE 1-Georgian economy likely to feel effects of Russian flight ban, central banker says

Jul 02 2019

TBILISI, July 2 Georgia's gross domestic product might be reduced by more than 1% this year this year because of a dispute with neighbouring Russia, the head of Georgia's central bank said.

Georgian parliament elects ruling party candidate as new speaker

Jun 25 2019

TBILISI The Georgian parliament on Tuesday elected a ruling Georgia Dream Party candidate as its new speaker following the resignation of his predecessor after violent protests outside the building.

Russia threatens more economic pain in standoff with Georgia

Jun 24 2019

TBILISI/MOSCOW Russia on Monday served notice to ex-Soviet Georgia it faces painful consequences if anti-Russian protests are not brought under control, saying it was tightening controls on wine imports that bring Georgia millions of dollars in revenue each year.

Georgia and Russia trade blame over unrest as crisis brews

Jun 21 2019

TBILISI/MOSCOW Georgia and Russia traded blame on Friday for an outbreak of unrest in Tbilisi sparked by the visit of a Russian lawmaker with the Kremlin announcing it would suspend passenger flights between the two countries to protect its citizens. | Video

Georgians angry over Russian lawmaker's visit try to storm parliament

Jun 21 2019

TBILISI Crowds angry over the visit of a Russian lawmaker tried to storm Georgia's parliament building on Thursday evening, pushing against lines of riot police, throwing bottles and grabbing riot shields from some officers and tearing off their helmets.

EBRD sees 4.5% growth in Georgia in 2019, warns on external shocks

Jun 07 2019

TBILISI, June 7 Georgia's economy is expected to expand by 4.5% this year, supported by external demand, growing exports and tourism, the European Bank for Reconstruction and Development said.

UPDATE 1-Azeri SOCAR says net profit fell to $706 million in 2018

Jun 04 2019

BAKU, June 4 Azeri state energy company SOCAR said on Tuesday its net profit fell to 1.2 billion manats ($706 million) in 2018 from 2.1 billion manats a year earlier, while operating profit rose to 3.6 billion manats from 2.5 billion.

Georgia's ex-president swaps politics for life of an Airbnb landlord

May 13 2019

DUSHETI, Georgia Former presidents often take to the lucrative global lecture circuit, join the boards of major corporations, or set up their own foundations. Georgia's low key ex-president has taken a different path: becoming an Airbnb landlord. | Video

Armenia's jailed ex-president: I'll join struggle against new leaders

May 08 2019

TBILISI Armenia's imprisoned former president Robert Kocharyan told Reuters powerful opposition forces were coming together to challenge the ex-Soviet state's new leadership soon, and that he hoped to be among them.

Bank of Georgia expects further growth in profit, lending

Apr 22 2019

TBILISI, April 22 Bank of Georgia Group Plc expects around 15 percent growth both in profit and lending in the medium term and feels confident in its capital adequacy position, the bank's chief executive said.

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