Georgia

Business rallies to help in fight against coronavirus across Eastern Europe and Central Asia

Ben Aris in Berlin May 20, 2020

Business leaders across the Former Soviet Union are using some of the riches they have amassed in the last three decades to help in the fight against the coronavirus.

COLCHIS: In Georgia, the opposition may become the next COVID casualty

Max Fras of the Eurasia Democratic Security Network April 30, 2020

While Georgia’s lockdown enjoys support at home and abroad, the public health crisis has had a negative impact on the country’s political pluralism and opposition.

Slump in remittances to be twice as deep in CEE/Eurasia as during Great Recession

bne IntelliNews April 23, 2020

Global remittances are heading for the worst slump in recent history, with the steepest fall forecast for the Europe and Central Asia region, says a World Bank study.

Georgia’s TBC all set for move into Uzbekistan as officials grant banking licence

bne IntelIiNews April 21, 2020

Strategy is “to establish a greenfield, next-generation banking ecosystem for retail and MSME customers”. Given operating environment and coronavirus impact, business model has “enhanced emphasis on asset-light and cost-efficient operation".

IMF to the rescue

bne IntelliNews April 16, 2020

The stop-shock caused by the coronavirus (COVID-19) pandemic has brought economies around the world to a screeching halt. 85 countires have turned to the IMF, the lender of last resort, for help

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