Economic Press Monitor
December 20, 2013
IN THIS ISSUE:
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1. |
RECOVERY OF BUSINESS IS DIRECTLY LINKED TO RESTORATION OF JUSTICE
Economic & Politics
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Emzar Jgerenaia, professor of Tbilisi State University, expects that economic growth will reach 4% in the next year, in case of real work of Co-Investment Fund. We need about $1.7 billion investment to have 4% economic growth, Jgerenaia says.
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2. |
WE TAKE OFF FROM THE POOR, BUT DON’T TOUCH MAMUKA KHAZARADZE!
Economic & Politics
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The newspaper reports that the government has pardoned penalties, totaling to 9 million lari, imposed to several companies due to unfulfillment of investment liabilities. The most sum (not named, however) accounted for hotel Oasis.
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3. |
90% OF DAIRY PRODUCTS ARE MADE FROM VEGETABLE FAT
Agriculture & Food
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The article reports that 90% of dairy products in Georgia are made from vegetable fat. According to European standards, such kind of production does not belong to dairy category and should not be sold under label of dairy products, the newspaper points.
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