Identifying barriers to youth entrepreneurship in Georgia studying the Georgian entrepreneurship ecosystem. The study aims to identify the barriers youth entrepreneurship in Georgia faces and proposes interventions, which could be led by relevant actors within the ecosystem, to overcome the challenges.
In May 2020, Georgian power plants generated 986 mln. kWh of electricity. This represents a 15% decrease in total generation, compared to the previous year (May 2019, the total generation was 1,156 mln. kWh). The decrease in generation on a yearly basis comes from the decrease of 16% in hydropower generation more than offsetting an increase in thermal and wind power generation, high in percentage terms (+34% and + 500%, respectively) but low in absolute terms.
From a trade perspective, the most important aspects of the EU-Georgia Association Agreement, signed on 27 June 2014, including the Deep and Comprehensive Free Trade Area (DCFTA), are the Sanitary and Phytosanitary (SPS) measures and the food safety standards and technical regulations required for access to European markets. Georgia’s export to the EU is still rather limited, and one possible cause for this deficiency, amongst others, is the limited capacity to comply with food safety regulations and standards.
In April 2020, Georgian power plants generated 944 mln. kWh of electricity. This represents a 2% decrease in total generation, compared to the previous year (April 2019, the total generation was 966 mln. kWh). The decrease in generation on a yearly basis comes from the decrease of 6% in thermal and 2% in hydro power generation. Interestingly, on a yearly basis, wind power generation increased by remarkable 23% compared to April 2019.
In comparison to Q4 2019, the GEO real property market contracted by 21.2% in Q1 2020 (from 34,602 units sold in Q4 2019 to 27,273 in Q1 2020) while the annual decrease was observed at 4.3% (YoY) compared to Q1 2019.