15
June
2018
On June 15, 2018, the Farmers’ Congress took place at hotel Betsy’s in Tbilisi. The congress discussed the opportunities and challenges of the EU-Georgia Deep and Comprehensive Free Trade Area (DCFTA), focusing on small and medium-size farmers and agricultural cooperatives.
11
June
2018
On May 17, 2017, the Georgian government adopted amendments to the Tobacco Control Law with 85 votes in favor and only one against. This highly debated new regulation, which bans smoking in public places, was initiated by Parliament member Ms. Guguli Maghradze who just recently discussed the obesity problem in Georgia, which is caused partly by excess sugar consumption.
11
June
2018
The unique cross-country study compares interest rates for a set of retail credit products in Georgia and select transition economies. Preliminary findings suggest that the cost of credit in Georgia is lower than in the CIS countries which have been covered by the survey (namely, Kazakhstan, Russia, Ukraine and in many cases Armenia) while it’s somewhat higher compared to a cohort of Central and Eastern European Countries (CEE) - this is true especially for local currency loans.
06
June
2018
In April 2018, the Georgian Consumer Confidence Index (CCI) lost 1.5 index points, dropping from -17.5 to -19. This tiny change is a signal of stability (or stagnation) as far as domestic demand is concerned. Whether no change is a good change for Georgia is debatable. In any case, the month of April merely continues a long-term no-change trend dating back at least to September 2017.
04
June
2018
World Cup 2018 is getting close and football can already be felt in the air. The squads are almost finalized, new jerseys are already on sale, and fan clubs are preparing venues to watch football. These are all traditional preparation for the World Cup, but interestingly for me, and possibly for you as well, football has also affected education, specifically financial education. If you are interested in how football and financial education are linked, Financial Football is the answer.
