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Davit Narmania: "The Sustainability of the Energy Sector is a Matter of Paramount Importance for our Country."

Chairman of the Georgian National Energy and Water Supply Regulatory Commission, Davit Narmania, has shared a post on social media regarding key trends in the energy sector:

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Georgian Beer Market Grows by 2% in 2024, Says Efes Georgia Corporate Affairs Director

The Georgian beer market has shown steady growth over the past four years, with a 2% increase estimated for 2024, according to Nikoloz Khundzakishvili, Corporate Affairs Director of Efes Georgia. Speaking to Business Partner, Khundzakishvili highlighted the positive dynamics within the sector, reflecting consistent consumer demand and industry expansion.

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Traffic for Vehicles with Trailers and Semi-Trailers is Prohibited on the Nakerala Pass

The Georgian Department of Roads has released information regarding the situation on the roads.

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An Earthquake Occurred in Georgia

An earthquake occurred in eastern Georgia. The epicenter was located 59 km from Tbilisi, near the village of Sogutlo in the Dmanisi municipality.

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Giorgi Chakvetadze Named One of Five Players Who Could Move to the Premier League in January

An article was published on the official premierleague.com website, in which former footballer and now sports journalist Adrian Clarke lists five athletes who could join the English Premier League as early as January.

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On New Year's Eve, 40 people injured by fireworks and 131 patients with food poisoning were admitted to clinics across Georgia

In Tbilisi, the emergency medical service received 33 calls due to injuries caused by fireworks on New Year's Eve. Hospitalization was required for 20 citizens, according to the Emergency Situations Coordination and Emergency Assistance Center, as reported to Georgia's First Channel.

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Georgian Politician Niko Lekishvili Passes Away

Georgian politician Nikoloz (Niko) Lekishvili has passed away at the age of 78 after a prolonged illness.

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The Security Detail of the President of South Korea Prevented His Arrest

Investigators from the national anti-corruption agency entered the residence of South Korean President Yoon Suk Yeol to execute an arrest warrant. However, the president's security service is preventing them from doing so.

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The Migration Department Deported 91 Citizens of Various Countries from Georgia in November-December

The Migration Department of the Ministry of Internal Affairs of Georgia deported 91 citizens of various countries in November-December of this year.

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Mikheil Kavelashvili: Georgia's Euro-Integration Continues

The President of Georgia, Mikheil Kavelashvili, spoke at the annual ambassadorial meeting of the heads of Georgian diplomatic missions and stated that the country's priority is Euro-integration:

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Georgian Politician Bachuki Kardava Passes Away

Georgian opposition politician, former parliamentarian, and chairman of the National-Democratic Party Bachuki Kardava has passed away at the age of 54.

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“Obcha” Added to Georgia’s List of Protected Designation of Origin Wines

The list of Georgian wines with protected designations of origin (PDO) has expanded to 30, reflecting the rich diversity of Georgian winemaking and boosting the country’s efforts to enhance wine recognition and export potential.

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Rising Food and Transportation Costs Impact Inflation Expectations, Says National Bank

The National Bank of Georgia (NBG) has expressed concerns over rising international food and transportation costs, warning that these trends could exacerbate inflationary pressures in the local market. This announcement accompanied the NBG’s decision to maintain the refinancing rate at 8%, a move aimed at balancing inflation risks with sustained economic growth.

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Bank of Georgia and TBC Allocate ₾5 Million to Support Citizens and Businesses

TBC Bank and the Bank of Georgia have announced a joint initiative to allocate ₾5 million in aid. The funds will be directed toward supporting affected citizens, as well as small and medium-sized businesses impacted by the ongoing situation.

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Bidzina Ivanishvili Speaks with French President Emmanuel Macron; Conversation Initiated by Macron

The founder and honorary chairman of "Georgian Dream," Bidzina Ivanishvili, held a telephone conversation with French President Emmanuel Macron. According to a statement released by Georgian Dream, the discussion was initiated by Macron and lasted for an hour.

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EU Commission Urges Georgia to Address Key Issues to Maintain Visa Liberalisation

The European Commission has raised concerns about recent developments in Georgia, hinting at the potential activation of the visa suspension mechanism for specific categories of individuals. In its Seventh Report under the Visa Suspension Mechanism, the Commission emphasized that urgent measures are required to ensure Georgia continues to meet the criteria for visa liberalisation.

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Czech Republic Allocates €230,000 to Support Georgian Civil Society and Independent Media

The Czech Republic has announced an allocation of €230,000 in emergency assistance to support Georgian civil society and independent media. The decision, conveyed through a statement by the Czech Foreign Ministry on social media platform X, underscores the country’s commitment to democratic values and solidarity with the Georgian people.

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NBC Fined 53,800 GEL by National Bank of Georgia for Violations

The National Bank of Georgia has imposed a fine of 53,800 GEL on payment service provider NBC LLC. The penalty, outlined in an order published on December 9, was issued for multiple violations related to anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations.

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FMCG Sector Revenue Expected to Grow 8% Annually in 2025–28 – Galt & Taggart

A recent study by Galt & Taggart forecasts an 8% annual growth in revenue for Georgia’s FMCG (Fast-Moving Consumer Goods) sector between 2025 and 2028, with market size expected to reach 31.7 billion GEL by the end of the period. The study attributes this growth primarily to increased purchasing power among the population.

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Georgian Pension Agency Invests 150 Million GEL in EBRD Bonds

The Georgian Pension Agency has invested 150 million GEL in bonds issued by the European Bank for Reconstruction and Development (EBRD) under its Global Medium Term Bonds (GMTN) program. This five-year bond has a floating interest rate, aligning with the agency’s goal of enhancing portfolio quality and asset diversification.

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Georgian Prime Minister Congratulates Donald Trump on Winning the U.S. Presidential Election

Georgian Prime Minister Irakli Kobakhidze congratulated Donald Trump on his "decisive victory" in the U.S. presidential election.

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Biden Promises Peaceful Transfer of Power to Trump

U.S. President Joe Biden has promised to ensure a peaceful transfer of power to his successor, Donald Trump, who won the presidential election. "I will fulfill my duty as president. I will uphold my oath and abide by the Constitution. On January 20, here in America, there will be a peaceful transfer of power," Biden said in an address to the nation on Thursday, November 7.

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In the governance effectiveness rating, Georgia scored 61% and ranked 34th among countries worldwide and 19th among the top 20 countries in Europe

In terms of governance effectiveness, Georgia surpasses all EU candidates, 17 EU and NATO member states, and one G7 member state.

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The Prime Minister of Georgia attended the opening of the European Political Community Summit

The Prime Minister of Georgia, Irakli Kobakhidze, attended the opening session of the fifth European Political Community Summit, which is being held in Budapest.

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Zurikо Davitashvili became the Player of the Month for October in French Ligue 1

The footballer of the Georgian national team and French club "Saint-Étienne," Zuriko Davitashvili, was named the best player of October in Ligue 1.

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