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#economy

Georgian Parliament refuses to revisit $6 minimum monthly wage set by Eduard Shevardnadze

Parliament’s Economic Policy Committee rejected an initiative to set the minimum wage at 45% of the average monthly salary.

Georgian Parliament refuses to revisit $6 minimum monthly wage set by Eduard Shevardnadze

Parliament’s Economic Policy Committee rejected an initiative to set the minimum wage at 45% of the average monthly salary.

Armenia passes controversial property tax law despite state of emergency

The government came under fire both for the timing of the changes and over fears of gentrification. 

Armenia passes controversial property tax law despite state of emergency

The government came under fire both for the timing of the changes and over fears of gentrification. 

Georgia plans corona-safe ‘tourist zones’

The country has announced it will create ‘safe travel destinations’ for tourists as international travel is set to resume on 1 July.

Georgia plans corona-safe ‘tourist zones’

The country has announced it will create ‘safe travel destinations’ for tourists as international travel is set to resume on 1 July.

Coronavirus takes its toll on Georgian economy

The Georgian government has pledged a ₾1 billion stimulus for the Georgian economy.

Coronavirus takes its toll on Georgian economy

The Georgian government has pledged a ₾1 billion stimulus for the Georgian economy.

Georgian PM announces $360 million stimulus over coronavirus pandemic

The measures come as the value of the lari hit an all-time low on Friday at almost ₾3 to the dollar. 

Georgian PM announces $360 million stimulus over coronavirus pandemic

The measures come as the value of the lari hit an all-time low on Friday at almost ₾3 to the dollar. 

Armenia’s new plan: an economic revolution or empty promises?

Nikol Pashinyan has introduced the government’s ‘revolutionary economic programme’, but not everyone is convinced.

Armenia’s new plan: an economic revolution or empty promises?

By Manya Israyelyan

Nikol Pashinyan has introduced the government’s ‘revolutionary economic programme’, but not everyone is convinced.

Opinion | Georgia’s economy has failed; now it’s time to build factories

Despite the many international economic indices suggesting Georgia is a great success story, most Georgians live in poverty.

Opinion | Georgia’s economy has failed; now it’s time to build factories

By Tato Khundadze

Despite the many international economic indices suggesting Georgia is a great success story, most Georgians live in poverty.

Analysis | Total war: Karabakh’s militarised social democracy

With money from abroad, Karabakh mixes low taxes with generous social welfare in an ever more militarised way.

Analysis | Total war: Karabakh’s militarised social democracy

By Aleksey S Antimonov

With money from abroad, Karabakh mixes low taxes with generous social welfare in an ever more militarised way.