Edition:
India

Margarita Antidze

EBRD cuts 2020 GDP forecasts for Georgia, Armenia and Azerbaijan

13 May 2020

TBILISI The European Bank for Reconstruction and Development (EBRD) has cut its 2020 economic growth forecasts for Armenia, Azerbaijan and Georgia as they are hit by the coronavirus crisis, but expects a recovery in the South Caucasus countries next year.

EBRD cuts 2020 GDP forecasts for Georgia, Armenia and Azerbaijan

13 May 2020

TBILISI The European Bank for Reconstruction and Development (EBRD) has cut its 2020 economic growth forecasts for Armenia, Azerbaijan and Georgia as they are hit by the coronavirus crisis, but expects a recovery in the South Caucasus countries next year.

Georgia to lift lockdown in Tbilisi on Monday

07 May 2020

TBILISI Georgia will lift its lockdown in the capital Tbilisi and allow shops to reopen on Monday as part of a gradual easing of coronavirus restrictions, Prime Minister Giorgi Gakharia said.

UPDATE 1-Georgia to lift lockdown in Tbilisi on Monday

07 May 2020

TBILISI, May 7 Georgia will lift its lockdown in the capital Tbilisi and allow shops to reopen on Monday as part of a gradual easing of coronavirus restrictions, Prime Minister Giorgi Gakharia said.

Georgia expects its economy to contract 4% in 2020: prime minister

24 Apr 2020

TBILISI Georgia announced a 3.5 billion lari ($1.1 billion) support package on Friday of which more than 2 billion lari will go towards shoring up its economy against the impact of the coronavirus pandemic, Prime Minister Giorgi Gakharia said on Friday.

Dance at home: Georgian national ballet moves lessons online

21 Apr 2020

TBILISI Georgia's National Ballet, the former Soviet country's famous folk dance ensemble, started giving lessons online after the group's popular dance schools closed their doors due to the coronavirus. | Video

IMF sees 4% growth in Georgia in 2021, ready to help with funds

20 Apr 2020

TBILISI The International Monetary Fund sees a recovery in Georgia's economic growth in 2021, after a 4% contraction this year due to the coronavirus outbreak, and stands ready to help the ex-Soviet country raise $1.6 billion from donors to finance balance of payments needs, an IMF official said.

Hundreds of parishioners attend Orthodox Easter Vigil in Georgia

19 Apr 2020

TBILISI Hundreds of Christian parishioners went to churches in ex-Soviet Georgia to attend Orthodox Easter Vigil despite a state of emergency and calls from the government and doctors to stay home amid outbreak of the coronavirus.

IMF to raise funding to Georgia to $450 million to fight coronavirus

15 Apr 2020

TBILISI The International Monetary Fund (IMF) said on Wednesday it was ready to provide Georgia with increased funding of $450 million this year to help the ex-Soviet country in its fight against the coronavirus and support the economy.

IMF to raise funding to Georgia to $450 mln to fight coronavirus

15 Apr 2020

TBILISI, April 15 The International Monetary Fund (IMF) said on Wednesday it was ready to provide Georgia with increased funding of $450 million this year to help the ex-Soviet country in its fight against the coronavirus and support the economy.

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