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1. Khvalindeli Dge: “EVERY DWELLER OF TBILISI MUST TAKE CARE OF THE HISTORICAL PROPERTY”
   (Economic Press Monitor: June 22, 2005)

   The new construction law will enter in force in Tbilisi soon, demanding the publicity of any kind of information regarding the building object since 2006. The builder must publish the information on the special web site.

2. Khvalindeli Dge: “LARGE INVESTOR ESCAPES FROM THE GOVERNMENT”
   (Economic Press Monitor: June 21, 2005)

   Absence of the safe activity guarantee was named by the Russian company EurazHolding as one of the reasons of refusal to buy Chiaturmarganets and VartsikheHES. Such guaranty at the time of the agreement signing the company had in person of the late Prime Minister Zurab Zhvania.

3. Khvalindeli Dge: “WHY GEORGIA IS NOT AMONG THE POOREST COUNTRIES ANY MORE?”
   (Economic Press Monitor: June 17, 2005)

   Georgia is not in the list of the world’s poorest countries, which debts will be written off, Zurab Nogaideli, the Georgian prime minister, told on the press conference, held in the State Office together with Rodrigo de Rato, the IMF managing director.

   This statement surprised Lado Papava.

4. Khvalindeli Dge: “NO ONE ILLEGAL BUILDING NEAR US”
   (Economic Press Monitor: June 9, 2005)

   The Mayor of Tbilisi Zurab Chiaberashvili offers expensive, large-scale and extended in time construction projects. He stresses, that now designers must take into consideration the look of the city.

5. 24 Saati: “ZURAB NOGAIDELI: DRAGGING OUT AIRPORT CONSTRUCTION IS NOT IN THE INTERESTS OF THE STATE”
   (Economic Press Monitor: May 19, 2005)

   Commenting before the government meeting the ado about tender on Tbilisi airport construction, Prime Minister Zurab Nogaideli was categorical: “The contract with the consortium made up of the US company A&J, the Luxemburg company GTS and Turkish company Celebi has been already signed and the building is to finish in a year”.

   Such was the sequel of the discussion initiated on Tuesday by the Parliament opposition, during which its representatives blamed the government for holding the biased tender and the Economic Minister for lobbying the winner consortium.

6. Rezonansi: “PRIME-MINISTER – KOTE KEMULARIA, FINANCE MINISTER – ZURAB NOGAIDELI: NEW PERSONNEL RESHUFFLES PLANNED IN THE GOVERNMENT”
   (Economic Press Monitor: May 16, 2005)

   There have been speculations about pending personnel reshuffles in the government. In particular, Prime Minister Zurab Nogaideli is expected to replace current Finance Minister Valeri Chechelashvili, who has been criticized a lot recently.

7. LAND SITES ON MTKVARI BANKS SOLD FOR 10 TIMES BELOW THEIR REAL PRICE, SAYS MAYOR’S OFFICE
   (Daily News: June 24, 2005)

   Giorgi Khabashvili, head of the general inspection of the Mayor’s Office, has said today 14 land sites on the left and right banks of the Mtkvari River covering 6,500 square m, were sold for 15 lari per cubic meter under the previous premier, while the real price is at least 200 lari.

   A hearing on the administration suit on the alienation of land sites filed by the general inspection was held at the Mayor’s Office today.

8. NEW TAX DEPARTMENT CHIEF INTRODUCED TO THE STAFF
   (Daily News: June 22, 2005)

   Finance Minister Valeri Chechelashvili introduced to the staff of the Tax Department new chief Vazha Petriashvili. Chechelashvili said the department was in need of a new stage of reforms.

9. MAYOR’S OFFICE DECIDES TO RETURN LLC OILGEOPHYSICS LABORATORY BUILDING TO THE STATE
   (Daily News: June 20, 2005)

   A laboratory of LLC Oilgeophysics, which was illegally privatized in 2002, will go back to the state, Tbilisi Mayor Zurab Chiaberashvili has told a news briefing today. The building located in the Vashlijvari outskirt of Tbilisi and covering 41,000 square m, was estimated at $171,000.

10. GOVERNMENT TO OFFER CHIATURMARGANETS AND VARTSIKHEHES TO INVESTORS AFRESH
    (Daily News: June 20, 2005)

    According to the information, EurazHolding (Evraz Group S.A.) has put up on its site today it has withdrawn from the JSC Chiaturmarganets and VartsikheHES purchase deal. The thorough checking has led the group to the conclusion that exploitation and development of the assets would not be sufficiently profitable and EurazHolding would not be able to recover investments, reads the statement.

11. MAYOR’S OFFICE CONSIDERING LEGALITY OF HANDING OVER DWELLING HOUSE TO LLC OILGEOPHYSICS
    (Daily News: June 17, 2005)

    The General Inspection of the capital demands that a building, which in 2002 was transferred to LLC Oilgeophysics and later alienated be retuned to the state. The building, which covers 4,100 square m and is located in the Vake-Saburtalo district (Vashlijvari) of the capital, is estimated at $171,000.

12. CHAMBER OF CONTROL EXPOSES EMBEZZLEMENT OF 43M LARI IN THE Q2 OF 2004
    (Daily News: June 17, 2005)

    According to the report of the Chamber of Control, in the second half of 2004, 214 check-ups – 72% complex and 28% topical – took place in 507 entities. 137 examinations were conducted at the request of the law enforcement bodies.

13. INVESTMENT COMPANY AWORD LAUNCHES HOUSE CONSTRUCTION IN TBILISI
    (Daily News: June 13, 2005)

    Aword investment company will launch its activities in Georgia with a dwelling house building project in Tbilisi, due to be started approximately in two weeks, Zurab Kharatishvili, the director, told Sarke. The project costs $1 million.

14. THE CUSTOMS SIMPLIFIES PROCEDURES ON CUSTOMS CHECK-POINTS
    (Daily News: June 13, 2005)

    A “single window” principle will gradually commence operation at all customs checkpoints, Zurab Antelidze, the chairman of the Customs Department, has said. This means importers will not have to apply to various bodies to sign documents.

15. IMF READY FOR INTENSE COOPERATION WITH GEORGIA
    (Daily News: June 13, 2005)

    IMF managing director Rodrigo De Rato, who took part in the annual meeting of the Netherlands Group of the fund hosted by Tbilisi, has held his final meeting with Prime Minister Zurab Nogaideli today. He told a news conference following the meeting he positively evaluated the government’s activities in the economic sphere and expressed willingness of intense cooperation on behalf of the fund.

16. IMF EXECUTIVE DIRECTOR CALLS ON GOVERNMENT TO THINK ABOUT LONG-TERM PROSPECTS
    (Daily News: June 10, 2005)

    The Georgian government should think about long-term problems along with short-term ones, Jeroen Kremers, the IMF executive director says. The financial market and infrastructure are to be promoted, he told a news briefing in Tbilisi today.

17. NO FUNDS FOUND YET FOR THE COMPLETION OF SUBWAY’S SABURTALO LINE
    (Daily News: June 8, 2005)

    There are no plans to complete the construction of two stations in the subway’s Saburtalo line at the stage, Tbilisi Mayor Zurab Chiaberashvili, has said. The conservation of these not completed stations costs the budget 2 million lari a year, he said today in his speech to the Parliament’s Sectoral Economics Committee.

18. MAYOR’S OFFICE STILL WORKING ON CAPITAL’S DEVELOPMENT PLAN
    (Daily News: June 8, 2005)

    The Sectoral Economics Committee has considered at a meeting today prospects of the city construction. Tbilisi Mayor Zurab Chiaberashvili was also invited to the meeting.

19. WEEK FULL OF DEVELOPMENTS
    (Weekly Press Digest: June 5, 2005)

    Last week was full of developments seen differently by the government and the opposition. Reaching an agreement on a pull out of Russian bases, the visit of prominent fancier George Soros, a meeting of CIS Prime Ministers – this is not full list of key events.

20. RUSSIA INTERESTED IN CLOSER ECONOMIC TIES WITH GEORGIA
    (Daily News: June 3, 2005)

    Georgian Prime Minister Zurab Nogaideli and Russian Prime Minister Mikhail Fradkov considered questions concerning establishing closer economic ties between the countries and an increase in the foreign trade turnover.

    Fradkov said during a news briefing following the meeting that Russia is interested in the entities subject to privatization in Georgia.

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