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Economic Press Monitor


July 31, 2020

IN THIS ISSUE:

1. KELLY DEGNAN: IT IS IMPORTANT TO TAKE SERIOUSLY LETTERS OF CONGRESSMEN
2. “AIRZENA” ADDED PER ONE CHARTER FLIGHT IN DIRECTIONS OF PARIS AND BERLIN IN AUGUST
3. BILATERAL ADVANTAGE
4. PARTNERSHIP FUND REDUCES BY $8M STARTING SALE PRICE OF 5-STAR “BORJOMI LIKANI” HOTEL

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1. KELLY DEGNAN: IT IS IMPORTANT TO TAKE SERIOUSLY LETTERS OF CONGRESSMEN
Economic & Politics

Tabula reports that 6 American congressmen (Republicans Markwayne Mullin, Jodey Arrington, Bill Flores, Will Hurd, Brian Babin and Randy Weber) addressed the US Secretary of State Mike Pompeo and expressed concern because of deteriorated democratic governance in Georgia.

The US ambassador in Georgia Kelly Degnan indicated that “we have to listen and treat seriously letters of congressmen”.

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2. “AIRZENA” ADDED PER ONE CHARTER FLIGHT IN DIRECTIONS OF PARIS AND BERLIN IN AUGUST
Companies

Georgian carrier Georgian Airways (AirZena) added per one charter flight to Paris and Berlin in August, Tabula reports.

In particular, flight between Tbilisi and Paris will be made on August 4, while between Tbilisi and Berlin – on August 7.

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3. BILATERAL ADVANTAGE
International Cooperation

Swedish ambassador to Georgia Ulrik Tidestrom points that gender equality is the Swedish government’s priority both within the country and in foreign policy.

The ambassador says that when we consider support of gender equality reform, we implement it in two directions.

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4. PARTNERSHIP FUND REDUCES BY $8M STARTING SALE PRICE OF 5-STAR “BORJOMI LIKANI” HOTEL
Companies

Georgian Partnership Fund put 5-star Borjomi Likani hotel on public auction on December 6, 2019, but no investor become interested. That time, starting price at the auction made up $37.57 million.

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Exchange Rates (NBG)
  08/07/20 + / -
  USD   3.0758   0.0021
  EUR   3.6356   0.0046
  RUR   4.1811   0.0032
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