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1. “NATIONAL MOVEMENT”: THE COUNTRY LOSES TRANSIT POTENTIAL
   (Daily News: November 3, 2014)

   Zurab Japaridze, MP from oppositional United National Movement, said that Georgia’s position in World Bank’s Logistics Performance Index (LPI) has worsened by 39 places. That means that the country is losing transit potential, investment attractiveness is declining, Japaridze declared.

2. Versia: “FILE ON DIRECTOR OF “OLYMPIC STAR” WAS COOKED UP BY ZURAB ADEISHVILI”
   (Economic Press Monitor: October 20, 2014)

   On October 17, information was spread that Zaza Razikashvili, director of construction company Olympic Star was arrested on charge of misappropriation of 14.8 million lari.

   However, representative of the company Lela Razikashvili declares that Zaza Razikashvili was called to the Investigative Service for interrogation only and he was let off soon.

3. Rezonansi: “COUNCIL OF EUROPE’S CRITICAL RESOLUTION”
   (Economic Press Monitor: October 3, 2014)

   Georgian government considers that content of resolution, approved by PACE (Parliamentary Assembly of Council of Europe) with 103 votes “pro” and 27 – “contra”, is “a result of influence of European People’s Party, which is considered to be very loyal to (former ruling party) National Movement”, the newspaper reports.

   National Movement itself named the document “naturally harsh” and declared that it reflects all the problems that actually exist in the country, the article says.

4. Rezonansi: “BANKS AGAINST PRIVATE MORTGAGERS”
   (Economic Press Monitor: September 26, 2014)

   In near future, Georgian Banks Association is going to apply to the Justice Ministry with legislative proposal on introduction of cashless settlement for private mortgagers.

   According to head of the Association Zurab Gvasalia, in case of approval of these amendments, notary will not be authorized to register the agreement, if borrower and lander will not have bank accounts.

5. Rezonansi: “TUNNEL NEAR KAZBEGI AND RUSSIAN FREIGHT ON GEORGIAN RAILWAY”
   (Economic Press Monitor: September 26, 2014)

   Special representative of Prime Minister in relationships with Russia Zurab Abashidze, Ministry of Economy and Sustainable Development and Ministry of Regional Development and Infrastructure work on transport tunnel’s construction on Mleta-Kobi road section in Kazbegi district. Due to difficult relief, this road is usually closed for 2-3 months in winter, he points.

6. “TI GEORGIA”: PAYMENTS OF LOANS, TAKEN BY OFFICIALS, SOMETIMES ACCOUNT FOR HALF OF THEIR SALARIES, WHILE SOMETIMES EVEN EXCEED THEM
   (Daily News: September 25, 2014)

   Based on officials’ property declarations, TI Georgia (Georgian branch of Transparency International) declared that payments of loans, taken by several ministers and their deputies, account in some cases for half of their salaries, while sometimes even exceed them.

   The non-governmental organization points that several officials have taken banking loans shortly after their appointments.

7. Bankebi da Finansebi: “ABKHAZIA RAILWAY – BRIDGE TO CONFLICT REGULATION OR LEGITIMATION OF OCCUPATION”
   (Economic Press Monitor: August 14, 2014)

   The article, considering prospects of Abkhazia railway’s operation restoration, points that no serious economic study was conducted in this regard.

   That study should envisage such important aspects as decrease of freight traffic in Poti port after resume of the railway, possible decrease of freight traffic of Baku-Tbilisi-Akhalkalaki railway and annoyance of Azerbaijan, the newspaper says.

8. Tabula: “JAPARIDZE ON MPS: THEY DONATE HALF OF OWN INCOME TO BILLIONAIRE’S PARTY”
   (Economic Press Monitor: August 13, 2014)

   Member of the Parliament’s minority Zurab Japaridze published on own Facebook page income of 4 deputies from Georgian Dream fraction and their donations to their party. These deputies are Bidzina Gujabidze, Paata Kvizhinadze, Zviad Dzidziguri and Giga Bukia.

9. PROFIT OF “BASISBANK” INCREASED IN Q2 BY 59.35% Y-O-Y
   (Daily News: August 6, 2014)

   Basisbank reported profit of 6.92 million lari for the 2^nd quarter. If compared with the same period of 2013, the volume has increased by 59.35%.

10. TBILISI CITY COUNCIL APPROVED NEW CITY GOVERNMENT
    (Daily News: August 5, 2014)

    Tbilisi City Council approved new government of the capital, including vice-mayors, heads of city services and heads of district administrations, at the meeting today.

    Post of Mayor’s first deputy has been occupied by Aleksandre Margishvili, former deputy minister of culture and monuments protection.

11. The Financial: “GEORGIAN BANKS MIGHT CUT INTEREST RATES FROM SEPTEMBER”
    (Economic Press Monitor: August 4, 2014)

    Georgian banks are going to cut interest rates on credit and deposits from September, according to a source at one of the leading banks, the newspaper says. The announcement is expected to be made in late August.

12. Kviris Palitra: “RELATIVELY CHEAP PRODUCTION WILL BE DAMAGED MOST”
    (Economic Press Monitor: August 4, 2014)

    Since signing of Georgia’s Association Agreement with EU, Russia’s “declaration of war” to Georgian production was expected, but the government expected to settle the problems through constructive dialog, the newspaper says.

    However, Russian Economic Ministry prepared a draft bill, which suspends free trade agreement with Georgia, signed 20 years ago.

13. Iveria.Biz: “DILEMMA AND PROSPECTS OF GEORGIAN MEDICAL SECTOR”
    (Economic Press Monitor: August 1, 2014)

    The author says that healthcare reform, started in 2003, has brought concrete results: medical infrastructure was replaced with facilities, complaining with latest standards, a row of commercial projects was implemented under patronage of Healthcare Ministry, concrete work has started on creation of public and private insurance institutions. However, problems appear, witnessing lack of plan and system, he points.

14. Rezonansi: “GEORGIAN PRODUCTION IN RUSSIA TO INCREASE IN PRICE BY 10-20%”
    (Economic Press Monitor: August 1, 2014)

    Due to Russian plans on suspension of free trade regime with Georgia, deputy chairman of National Wine Agency Paata Chavchanidze does not exclude increase of exported production in price. “Russia’s decision became unexpected news for us”, he points.

15. Tabula: “ABASHIDZE: SUSPENSION OF FREE TRADE AGREEMENT WITH RUSSIA IS NOT A TRAGEDY”
    (Economic Press Monitor: July 31, 2014)

    According to Russian state-owned news agency RIA Novosti, Russia suspends free trade agreement with Georgia, which was signed as far back as February 1994.

    Report of the agency mentions Georgia’s ratification of Association Agreement (including free trade agreement) with EU.

16. PROSECUTOR’S OFFICE STARTED CRIMINAL PROCEEDINGS AGAINST FORMER PRESIDENT AND HIGH RANK OFFICIALS
    (Daily News: July 28, 2014)

    Prosecutor’s Office started criminal proceedings against former President Mikheil Saakashvili, accusing him of mass suppressions of a meeting on November 7, 2007, invasion in broadcasting company Imedi and seizure of property of businessman Badri Patarkatsishvili.

    Besides Saakashvili, proceedings were launched against his closest allies: former interior minister Vano Merabishvili, former mayor of Tbilisi Gigi Ugulava (both are already under arrest because of other accusation), former justice minister Zurab Adeishvili and former defense minister David Kezerashvili (both are hiding abroad).

17. “BLACK SEA PRODUCTS” DECLARED BANKRUPT
    (Daily News: July 25, 2014)

    Tbilisi city court declared LLC Black Sea Products bankrupt and cancelled the company’s registration in business registry.

    At that, the court pointed that Black Sea Products’ request on start of insolvency proceeding was rejected, as the company was unable to cover court costs by own assets.

18. Tabula: “KHADURI: NOBODY FROM OUR TEAM HAD SAID THAT PENSION WILL BECOME 220 LARI”
    (Economic Press Monitor: July 23, 2014)

    Finance Minister Nodar Khaduri declared at the meeting with parliamentary minority (i.e. National Movement) that “Nobody from our team had said that fuel will decrease in price by 1 lari”. “Also nobody said that pension will become 220 lari”, he added.

19. Rezonansi: “ABKHAZIA RAILWAY – NEW WAVE OF UNFOUNDED DECLARATIONS”
    (Economic Press Monitor: July 15, 2014)

    Georgian Prime Minister’s representative for Georgia-Russia relations Zurab Abashidze declares that no conversation regarding traffic resume on Abkhazia section of railway was take place at last round of Georgia-Russia negotiations in Geneva. “There was talking on the railway, but in different context”, he says.

20. Netgazeti.Ge: “POTATO’S QUALITY – HOW EU ASSISTS GEORGIA?”
    (Economic Press Monitor: July 9, 2014)

    Zurab Lipartia, head of phyto-sanitary department at National Food Agency, declares that Georgia’s rapprochement to EU in terms of phyto-sanitary and food safety has already started. For example, if quality of potato on local market was unknown until now, control on it is imposed not only on borders, but on domestic market also.

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