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Monthly Archives: January 2016

Regional Crisis and Its Wayouts

VAKHTANG CHARAIA

Global oil prices are seeing new bottoms every day. The prices have already collapsed beneath  the psychological verge of 30 USD. This tendency would be fully acceptable for the Georgian consumers, but there is one detail: two our neighboring countries (one friendly and one hostile) largely depend on resources of …

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Online Credit Companies Issue Credits with 1100% Interest Rate

Online credits in Georgia yield annual efficient interest rates from 500% to 1100%. However, these credit organizations do not lack clients and borrowers, anyway. The fact points to financial ignorance of the population and the fact extremely impoverished residents do not care for outcomes while trying to gain today’s piece …

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Temur Chkonia: I Have Just Once Tasted Pepsi

Temur chkonia

Blitz interview with Founder and President of Coca-Cola Bottlers Georgia Temur Chkonia, as he shares his working peculiarities and the path of his success. My First Job I started working at a bakery laboratory. I stayed there for a year. The job was very primitive. Very young people are employed …

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Dollarization Index Grows from 10% to 70%

Dollarization

The GEL exchange rate is decreasing again. The devaluation rates are lower compared to the end of 2014 and 2015, but the Georgian national currency cannot maintain its stability nevertheless. As a result, the public’s trust in the national currency has fallen. The high index of dollarization in the banking sector only …

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Jean-Elie Malkin: Reaction Showed By the Ministry of Healthcare Towards Virus Was An Expression of Good Management

Jean-Elie Malkin

Jean-Elie Malkin, president of the international consulting company Global Alliance, which supports Georgian Government in implementing several healthcare reforms in the country, made a few comments on the H1N1 virus. For the past couple of months, the Georgian Health Ministry and Global Alliance have been zealously cooperating for the Georgian Health …

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Social Initiative “What Hurts?” to Help Health Ministry Determine Public Needs

Jean-Elie Malkin

Georgian Health Minister David Sergeenko and President of Global Alliance Jean-Elie Malkin have held a joint news conference and introduced a joint social project – “What Hurts?” The Georgian Health Minister and the Global Alliance president overviewed the importance of this project. The project calls for inquiring Georgian citizens through special questionnaires …

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Davos’16: PM Conducted Meeting with the PM of Kazakhstan Karim Massimov

Davos'16: The Prime Minister of Georgia conducted meeting with the Prime Minister of Kazakhstan Karim Massimov

Within the frames of Davos World Economic Forum, the Prime Minister of Georgia met Prime Minister of Kazakhstan Karim Massimov. The Prime Ministers discussed multifaceted relations between their respective countries and emphasized the need for deepening cooperation in the economic area. During the meeting Giorgi Kvirikashvili and Karim Massimov paid particular …

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