Georgia

China grants visa-free travel to Georgians

Tornike Mandaria in Tbilisi February 27, 2024

Despite Georgia's aspirations to join Nato and its status as a strategic partner of the US, the country has been actively seeking to strengthen not only economic but also political ties with China.

“Unbelievable but true” data show UK firms equipping Russia’s war machine

bne IntelliNews February 23, 2024

Kremlin is end-customer for surging flows of British exports to Kyrgyzstan, Uzbekistan, Armenia and Georgia, new analysis indicates.

World Bank says Emerging Europe needs tougher targets to reach net zero by 2060

Aidą Kadyrzhanova in Prague February 22, 2024

New World Bank report charts path to net zero energy in Emerging Europe and Central Asia, but says current ambitions are too modest.

With decisive actions, net zero energy is within reach in Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

With decisive actions, net zero energy is within reach in the Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

The Bank of Georgia Group to acquire Armenian Ameriabank for $300mn

bne IntelliNews February 20, 2024

The Bank of Georgia Group has announced a preliminary agreement to acquire 100% of Ameriabank, the largest Armenian financial institution, for $303.6mn.

Georgia says it seized explosives sent from Ukraine and destined for Russia

Tornike Mandaria in Tbilisi February 6, 2024

The Georgian government has consistently accused Kiev of attempting to draw Georgia into its conflict with Russia.

The Middle Corridor set to halve cargo transit time between Asia and Europe

Seymur Mammadov in Baku February 1, 2024

As Russia experiences the impact of sanctions and restrictions in trade and economic relations with a number of countries, Central Asian countries and China are exploring new routes to increase their exports to Europe while bypassing Russia.

CENUSA: EU faces consequences of geopolitical crises as Eastern Europe enters complex political-electoral phase

Denis Cenusa in Giessen January 30, 2024

Eurosceptics' ability to exploit protests will test the EU's potential to influence its Eastern Neighbourhood. At the same time, electoral cycles in Eastern Europe favour the consolidation and perpetuation of autocracies.

Garibashvili resigns as Georgia's prime minister

Tornike Mandaria in Tbilisi January 29, 2024

Chairman of Georgian Dream Irakli Kobakhidze, a former speaker of the parliament, is seen as Garibashvili's successor.

OUTLOOK 2024 Caucasus

Robert Anderson in Prague January 24, 2024

2023 was the year that Azerbaijan finally took over Nagorno-Karabakh, its dream since the collapse of the Soviet Union three decades ago.

MEPs call for EU to be reformed ahead of enlargement

bne IntelliNews January 23, 2024

Expanded EU with 35 members cannot function with the current rules, says report backed by European Parliament committees.

Controversy over Georgian cathedral’s icon depicting Stalin

Tornike Mandaria in Tbilisi January 11, 2024

Despite Stalin's notorious record of political purges and church destructions, he still enjoys a measure of reverence in Georgia.

Georgia's richest man is back in formal politics for the third time

Tornike Mandaria in Tbilisi January 10, 2024

Bidzina Ivanishvili’s return to frontline politics is seen both as a move to sidestep European Union criticism of his backroom role, as well as to boost his Georgian Dream party’s chances in this autumn’s general election.

CENUSA: The Hungarian-Russian factor and the Ukrainian dimension of the EU's eastern enlargement

Denis Cenusa in Giessen January 2, 2024

The Hungarian-Russian factor, combined and separately, entails risks to the sustainability of the enlargement process of the European project.

Moldovan president says “new page” opens in country’s history as it gets go-ahead for EU talks

bne IntelliNews December 15, 2023

Moldova and Ukraine to start EU accession negotiations, Georgia gains candidate status, but Bosnia must put in more work before starting talks.

CEE Banking Sector Report: A record year that is unlikely to be sustained

Gunter Deuber, Ruslan Gadeev of Raiffeisen Research in Vienna December 15, 2023

The aggregated return on equity across all markets this year may surpass the 20% level, a ratio last seen in 2005 or 2006.

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