According to the official exchange rate set by Georgia’s National Bank, the GEL has slightly gained value against the dollar and the euro.
Taking all objective factors into account, the GEL exchange rate must not exceed 2.0, -said Georgia’s ex-Prime Minister Bidzina Ivanishvili in his special statement.
According to Georgia’s former Prime Minister Bidzina Ivanishvili, the nation-wide monetary crisis was brought about by the mistakes and inactivity of Giorgi Kadagidze, Head of National Bank who was appointed by the National Movement party.
As Imedi TV reports, the meeting between the Georgian PM’s special representative Zurab Abashidze and Russia’s Deputy Foreign Minister Grigory Karasin has already begun in Prague.
“Georgia is a country with a European culture and values, a leader among the Eastern Partnership countries and very concrete results will be demonstrated at Riga summit in this respect,”- stated President of the European Parliament Martin Schulz during a meeting with Georgia’s PM Irakli Gharibashvili.
The dollar price has decreased by approximately 10 tetri, currently teetering between 2.23 and 2.25 GEL in exchange booths.
As Irakli Gharibashvili stated at a meeting with Elmar Brok, Chairman of the European Parliament’s Committee on Foreign Affairs, his visit to Georgia would be an excellent opportunity to demonstrate Georgia's successful democratic development and exemplary relations with the European Union.
Georgia’s Ministry of Justice has released a statement regarding the bonuses that the Justice Minister received last year.
As Lithuania’s Foreign Minister has told Voice of America, Lithuania is calling a spade a spade and urges others to do the same.
As Georgia’s Ministry of Labor, Health and Social Protection has informed InterPressNews, Davit Lomidze left office on his own accord yesterday.
As former U.S. Ambassador to Georgia Kenneth Yalowitz says, everybody needs to do their own job.
Russia expects Ukrainian national energy company Naftogaz to make advance payments for natural gas deliveries in March on time, Energy Minister Alexander Novak said on Wednesday.
Georgian Prime Minister Irakli Gharibashvili has launched his one-day visit to Brussels to hold meetings with EU leadership and European Parliament members.
The next meeting between the Georgian PM’s special representative Zurab Abashidze and Russia’s Deputy Foreign Minister Karasin will be held today in the Prague format.
Al-Qaeda documents recovered from the compound of Osama bin Laden and referring to planned terror plots in the UK, Europe and Russia, have been presented at the trial of a man accused of plotting to destroy the New York subway and a Manchester shopping centre.
According to NATO Commander Gen. Philip Breedlove, U.S. and NATO strategy should continue leveraging diplomatic, information, military and economic means to help allies alter Russia’s course.
The monetary crisis will become stable by May, said Kakha Okriashvili, one of the founders of PSP, after meeting government representatives and businessmen.
As Giorgi Kadagidze, President of National Bank of Georgia has told reporters, the import rate has already been affected by the depreciation of GEL.
The National Bank of Georgia has set a new exchange rate for the GEL which shows that Georgia’s national currency has slightly depreciated again.