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Economic Press Monitor

August 29 - September 4, 2021

Previous Issues:  Days: < 07 14 04 11 18 > 

 

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economic & politics

    REZONANSI: “THERE IS DIFFICULT SITUATION IN CAR BUSINESS AGAIN – DEALERS LEAVE THE MARKET”

    September 3, 2021 - Georgian car business was hit by the pandemic badly, and difficult situation continues, the newspaper points. Since 2019, 30% of car dealers have left the local market, the article says.


    TABULA: ““GMC”: ONLY IN AUGUST, 4M WAS DONATED TO “DREAM”, TOTAL DONATIONS EXCEED 87M”

    September 3, 2021 - Waste Detector (a media project of non-governmental organization Governance Monitoring Center (GMC)) reported that only in August, donations to ruling Georgian Dream increased by 4 million lari, which came from over 200 individuals. In total, donations exceeded 87 million lari.


    NETGAZETI.GE: “ZURABISHVILI: REFUSAL OF THE EU LOAN IS AN ODD STEP FOR ME”

    September 3, 2021 - Georgia’s President Salome Zurabishvili declared that Georgian government’s refusal to receive the EU loan of 75 million EUR is “a rather odd step for majority of the population and for me personally”.

    “Until result of a double-digit growth does not affect well-being of the society, it is difficult to understand the logic of refusing the assistance”, the President said.


    BANKEBI DA FINANSEBI: “KELLY DEGNAN – WE WERE SURPRISED BY THE GOVERNMENT’S STATEMENT THAT GEORGIA DOESN’T NEED ASSISTANCE OF 75M EUR, DESPITE PANDEMIC AND UNEMPLOYMENT – WASHINGTON WILL REACT TO THIS TOO”

    September 3, 2021 - “Well, we were a little surprised at the Government of Georgia’s statement that Georgia doesn’t need 75 million EUR in assistance, despite the high employment and poverty rate and, of course, the impact of COVID”, declared the US ambassador to Georgia Kelly Degnan. “I am sure Washington will take note of that as well”, she noted.


    REZONANSI: “URBAN TRANSPORT, PROBABLY, WON’T RESUME OPERATION ON SEPTEMBER 14 TOO – AUTHORITIES NAME NEW CONDITION”

    September 2, 2021 - Georgian government planned to lift restriction on movement of urban public transport on September 4, but due to the high rate of COVID-19 infection, postponed the deadline to September 13.

    Tamar Gabunia, Georgia’s Deputy Minister of IDPs from Occupied Territories, Labor, Healthcare and Social Protection, declared that when number of daily new cases will become less than 2,000, which “was the peak for us during the previous wave, then we will be able already to think about resuming the work of transport”.


    REZONANSI: “WHAT DID “DREAM” NOT CONCEDE IN EXCHANGE FOR 75M EUR AND WHAT CAN FOLLOW THIS”

    September 2, 2021 - They did not give or they did not take – the issue of EU macro-financial assistance to Georgia is the main topic of discussion for political parties for the second day already, the newspaper says.

    In 2020, Georgia took a loan of 150 million EUR from the EU, half of which was received last year, while the second half had to be disbursed in near future.


    BANKEBI DA FINANSEBI: “GARIBASHVILI – MEP IS NOT OUR BOSS, OUR BOSS IS THE GEORGIAN PEOPLE – IT WAS A LOAN AND WE REFUSED TO TAKE AN ADDITIONAL LOAN”

    September 2, 2021 - “MEP is not our boss, our boss is the Georgian people”, Georgia’s Prime Minister Irakli Garibashvili declared. That way the Premier responded to the statements of MEPs about the EU macro-financial assistance to Georgia.


    TABULA: “NGO: REJECTION OF THE EU ASSISTANCE POSES ESSENTIAL DANGER TO EURO-ATLANTIC INTEGRATION”

    September 1, 2021 - Georgian non-governmental organizations (NGOs) express concern over the statement of Georgia’s Prime Minister Irakli Garibashvili that the authorities are “refraining” from receiving EU assistance of 75 million EUR, Tabula reports.

    NGOs indicate that after Georgian Dream declared annulled the agreement with opposition, made on April 19, the current statement of the Premier directly indicates that the ruling party refuses once again to fulfill its obligations to the EU, including implementation of the judicial reform.


    REZONANSI: “REJECTION OF THE EU AID – ECONOMIC MOTIVES OF THE AUTHORITIES AND THE LIKELY POLITICAL CONSEQUENCES”

    September 1, 2021 - Georgia’s Prime Minister Irakli Garibashvili claimed that decision of the country’s government to refuse the second part (75 million EUR) of the EU macro-financial assistance was caused mainly by desire to reduce the external debt.

    Natia Turnava, Georgia’s Minister of Economy and Sustainable Development, stressed in her turn that receiving financial assistance from the EU is a purely economic issue that is being politicized.


    NETGAZETI.GE: “THE GOVERNMENT DID NOT FULFILL CONDITIONS OF ASSISTANCE – VIOLA VON CRAMON”

    September 1, 2021 - Georgia’s Prime Minister Irakli Garibashvili declared that the country’s government has decided to decline getting in 2021 the second tranche (75 million EUR) of EU macro-financial assistance.

    In response, the MEP Viola von Cramon posted on Twitter: “You can’t decline what you were not eligible for”.


companies

    REZONANSI: “PART OF RESTAURANTS CHANGE THE RULE OF RECEIVING GUESTS”

    September 2, 2021 - Due to severe epidemiological situation, caused by COVID-19 spread, some restaurants refuse to accept unvaccinated citizens. Customers will need to have result of rapid or PCR test of the same day.


construction

    FORBES GEORGIA: “WHAT IS THE SIZE OF GEORGIAN CONSTRUCTION SECTOR”

    September 1, 2021 - In 2020, turnover of Georgian construction sector made up 7.7 billion lari, or 8.9% of GDP, the magazine reports.

    Turnover of companies, engaged in residential and non-residential construction, totaled to 3.88 billion lari.


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