MEPs call on the EU and its member states to impose targeted personal sanctions and visa restrictions on individuals responsible for democratic backsliding, violent repression and political persecution. The resolution specifically names Bidzina Ivanishvili, Irakli Kobakhidze, Shalva Papuashvili and Kakha Kaladze. The document also refers to the constitutional lawsuit filed in November 2025 by the Georgian Parliament seeking to ban opposition parties, including the United National Movement, Coalition for Change and Strong Georgia – Lelo. The Federalists were subsequently added to the case, while For Georgia, described in the resolution as the only opposition party represented in Parliament, was added in September 2026.According to the resolution, the European Parliament also calls for: the immediate release of all political prisoners and those detained for peaceful protests, including Elene Khoshtaria, 2025 Sakharov Prize laureate Mzia Amaglobeli, Mikheil Saakashvili, Giorgi Baramidze and Nika Melia; the dropping of charges in politically motivated “sabotage” cases; the repeal of provisions allowing disproportionate restrictions on banned parties and individuals; an end to the use of legislation and state institutions to silence political opponents; the removal of obstacles facing European political foundations, including the Konrad Adenauer and Friedrich Naumann foundations. The resolution describes the situation in Georgia as increasingly deteriorating in terms of democracy, media freedom, human rights and the rule of law. MEPs characterize the attempts to ban opposition parties as part of what they describe as a broader Georgian Dream strategy to establish a one-party regime by eliminating political pluralism, comparing it to the models of Russia and Belarus. The European Parliament also reiterates its support for the Georgian people’s European aspirations and recalls its previous warnings that banning existing political parties would move Georgia away from the EU and hinder any steps toward EU membership. It also rejected two amendments submitted by Tomasz Froelich and Petar Volgin that sought to remove references to the alleged one-party strategy and targeted sanctions from the resolution.
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Return figures by portfolio for the January–September period were as follows: Dynamic Portfolio: 8.87% (real return adjusted for inflation: 4.01%) Balanced Portfolio: 8.75% (real: 3.90%) Conservative Portfolio: 8.46% (real: 3.61%) September TrendsPortfolio results varied when looking at the most recent month. Rising bond yields on international equity markets had a negative impact, although local fixed-income instruments contributed positively to portfolio performance. Additionally, the Lari's appreciation of approximately 0.28% against the US dollar reduced the Lari-denominated return on foreign currency-denominated assets.Against this backdrop, the conservative portfolio demonstrated the best performance in September; its relatively low equity allocation mitigated the impact of declining stock markets, resulting in a 0.37% gain. During the same period, the balanced portfolio declined by 0.11%, while the dynamic portfolio fell by 0.62%.Long-term figures and total assetsSince inception, the annualized return of the dynamic portfolio has stood at 13.72% (real: 9.43%), the balanced portfolio at 12.77% (real: 8.52%), and the conservative portfolio at 10.26% (real: 4.40%).As of the end of September 2026, the pension fund's total assets exceeded GEL 10.1 billion, while accumulated investment returns reached GEL 3 billion.
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In total, Brazil imported wine worth $558.71 million (165.09 million liters) in 2025, at an average price of $3.38 per liter.Chile remains the undisputed leader of the Brazilian market, accounting for nearly half (47.3%) of the total volume of imported wine - 78.10 million liters valued at $213.06 million - and offering the lowest average price ($2.73/liter). The top ten also includes Argentina ($99.42 million), Portugal ($84.44 million), France ($63.84 million), and Italy ($49.26 million).Among European countries, French wine stands out with the highest average price ($9.27 per liter).
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The opening was attended by representatives of SUNMI, BS/2, ASHBURN International, and local and international businesses. The demonstration space was officially opened by Aleksandr Bespalyi, Managing Director of MEA at SUNMI; Idrakas Dadašovas, Chairman of the Board of the Penki Kontinentai Group; and Emilio Kiris, CEO of BS/2 Georgia. The program included a tour of the demonstration space, technology demonstrations, and business meetings.Located within the BS/2 Georgia office, the space combines SUNMI devices with BS/2’s expertise in payment infrastructure, self-service technologies, and software integration. Business representatives can evaluate both individual devices and complete technology solutions, as well as their potential applications in their own operations.BS/2 Georgia imports SUNMI devices and payment terminals into Georgia and provides commercial banks with deployment and technical maintenance services.“The opening of SUNMI Home Tbilisi is important both for Georgia and for the entire region. Here, customers and partners can test SUNMI technologies in practice, while BS/2 provides the knowledge and expertise needed to integrate them into business environments. Together with the Baku center, the Tbilisi space creates new opportunities for cooperation with our customers across Central Asia and the Caucasus,” - said Emilio Kiris, CEO of BS/2 Georgia.The opening was also preceded by international recognition for the BS/2 Georgia team, which was named among the winners of SUNMI’s global Store Revolution campaign.Today, October 8, Fusion Georgia 2026: Banking & Retail, organized by BS/2, will take place at Paragraph Tbilisi. The forum will be attended by representatives of the retail and banking sectors, technology partners, and industry experts. SUNMI devices will also be showcased at the event.SUNMI Home Tbilisi is open to customers, partners, and business representatives.Address: 6 Pimen Kurashvili St., Tbilisi(R)
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According to the NBG, compared to the previous month, the level of international reserves increased by USD 26.5 million. Reserve adequacy indicators also improved. The current level of foreign exchange reserves surpasses the 100 per cent threshold defined by the International Monetary Fund’s ARA metric, standing at 128.7 per cent.“International reserves serve as a vital guarantor of the country’s macroeconomic stability. Accordingly, the long-term policy of the National Bank of Georgia remains focused on reserve accumulation and the efficient management of reserve assets. Whenever foreign exchange market dynamics and macroeconomic conditions permit, the central bank replenishes its reserves.As a result of the NBG’s policy, reserve volumes have doubled over the past two years compared to October 2024. Throughout 2026, favourable market conditions enabled net foreign currency purchases totalling USD 3,122,2 million between January and August. Net purchase statistics for September 2026 will be published on October 26.Notably, in 2024, the NBG took a strategic decision to diversify its reserve holdings by making its inaugural investment in gold. Subsequent appreciation in gold prices has contributed to further growth in gross international reserves. In June 2026, the NBG acquired an additional USD 100 million in monetary gold.Since then, the significant rise in the price of gold has contributed to the growth of international reserves. As of September, the volume of monetary gold stands at USD 1,051.8 million, representing 12.9% of total reserves.The National Bank of Georgia will release updated international reserve figures on November 6, 2026,” the National Bank’s statement read.
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With the help of the AI assistant, customers no longer need to know the exact name of a product. They can simply describe what they are looking for or upload a photo of the desired product. The assistant searches thousands of products to find relevant options, takes the customer’s specified budget into account, and provides personalized recommendations.How Does the PSP AI Assistant Help You?The new functionality supports customers throughout the product selection and ordering process, while also providing information about delivery. Through the AI assistant, customers can get information about product availability, features, and current offers, as well as choose their preferred delivery option - a Locker, Pick Up, or courier delivery.In addition, the AI assistant allows customers to access information about their existing online orders and check their order status.“More than 10 years ago, PSP introduced Georgia’s first online pharmacy. For years, customers have been using our online pharmacy services not only in Tbilisi but also in major regional centers across Georgia. By introducing 24/7 AI assistance across PSP’s digital platforms, our goal is to make the online pharmacy experience even simpler and more convenient, with support available whenever customers need it - from finding the right product to receiving their order, all in one place,” a PSP representative stated.#PSPAIAssistant #AIThatHelpsYouChoose
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PSP Retains Its Position as Georgia’s Pharmacy Market Leader in 2026
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Cartu Attracts Depositors from Another Bank
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Geostat: GDP grew by 6.3% in August
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The NBG left the capital buffer unchanged and gradually raised the deb...
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Lending growth remains at 15%
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