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October 2017 | Electricity Market Review
31 October 2017

In October 2017, Georgian power plants generated 828 mln. KWh of electricity. This corresponds to an 8.7% decrease in total generation in comparison with the previous year (in 2016, total generation in September was 907 mln. kWh). The decline in generation on a yearly basis comes from a decline in thermal power generation and in hydro power generation.

Regulatory Impact Assessment (RIA) of the Draft Law of Georgia on Entrepreneurs
31 October 2017

In 2013, as a follow-up to public consultations on improving the acting company law in Georgia, a working group was established to elaborate a new Draft Law of Georgia on Entrepreneurs (“Draft Law”). The working group was created under the Private Law Reform Council of the Ministry of Justice of Georgia, the USAID-funded Judicial Independence and Legal Empowerment Project, which was succeeded by the Promoting Rule of Law in Georgia (PROLoG) Activity, with both projects implemented by the East-West Management Institute (EWMI), was a cooperating partner

Georgia’s Democracy: the Puzzle of a Red Country Turning Blue
30 October 2017

On October 21, 2017, Georgia’s entire political map was painted in different shades of blue – the color of the ruling Georgian Dream (GD) party. GD won in all but one race in the country’s municipal elections – achieving solid majorities in all sakrebulo (city councils) and placing party-backed candidates as mayors in all cities and self-governing communities.

October 30, 2017 FPI | Inside 2017 Georgia Grape Harvest
30 October 2017

At the end of October, food prices maintained an upward trend; ISET’s Retail FPI gained 2.6% m/m (compared to the last week of September). On an annual basis (compared to October 2016), we recorded a significant 11.3% increase in food prices. According to data from the last two weeks of October, the biggest increase in price was recorded for tomatoes (99%), for which the price almost doubled due to seasonality.

Telavi, the Capital of Georgian Beer Drinking?
23 October 2017

Telavi, the former capital of the Kingdom of Kakheti, is a beautiful town with spectacular views of the Alazani Valley and Caucasian mountains. In the 18th century, King Erekle II reigned from Telavi. The palace can still be seen, and the statue of King Erekle stands proudly in the middle of the city's town square. More importantly for the city dwellers, Telavi is the capital of Georgia’s traditional winemaking.

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