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Monday, 24 October 2016


EBRD head named the main problems of Georgian economy

2010-03-19 13:04

According Thomas Mirow, the EBRD President, the post-crisis recovery of Georgia will be slow and complicated. He noted that though the growth has begun, the index will amount only 2 per cent - Business Gruzia.


Mirow cannot understand the basis of Georgian government's optimism. He believes the main dangers for the country's economy are negative trade balance and decrease of investments. Besides, he's sure in this period there are few healthy Georgian companies which can be given a loan.

Previously Georgia Times reported of the EUR 180 mln to be allocated by the EBRD to Georgia for construction of a railway bypassing Tbilisi and a 500kV power line to connect energy systems of Georgia and Turkey.


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