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Daily Archives: October 16, 2014

“Rezonansi”: The Unprecedented Chaos Reigns on Georgian Oil Market

After July, oil prices, and consequently, fuel prices decreased by almost 25%, while  in Georgia petroleum products fell only by 2.5% – this means that chaos reigns on the Georgian oil market that has never occurred  before – “Rezonansi” newspaper writes. A long and steady decline in oil prices has long …

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European Investment Bank to Open a Regional Office in Georgia

The European Investment Bank (EIB) will open a regional office in Georgia.The European Investment Bank (EIB) Vice-President Wilhelm Molterer stated at a meeting with the Minister of Finance of Georgia which was held in the frames of his visit to Washington. As he noted, it is very important that the …

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