Vacharadze links new vineyard cultivation regulations to quality control and increased competitiveness

The initiative prepared by the Ministry of Health aims to alleviate the financial burden that citizens have incurred due to late provision of information or administrative errors. According to current regulations, the basis for the termination of a pension or allowance is the person’s commencement of work in the public service, imprisonment or death, although in many cases this information was provided to the agencies with a delay, which led to overpayment of amounts.The amnesty will affect several thousand beneficiaries in total. In particular, 1,685 pensioners or heirs of the deceased will benefit from the benefit in the area of ​​overpaid pensions, as a result of which 1,213,804 GEL to be returned to the state budget will be written off. In the area of ​​state compensations, the decision will affect 252 people, including those against whom a court dispute was ongoing.The largest financial benefit will apply to those receiving subsistence allowances. According to the Social Service Agency, 1,444 families will have their debts of 2,653,678 GEL forgiven. In addition, 304 people receiving a social package will be relieved of their obligation to return 130,500 GEL.According to the government, this humanitarian act will eliminate legal debts that have accumulated over the years due to systemic flaws and have had a severe impact on the financial situation of socially vulnerable groups.

1777460870

Kobakhidze made a statement on the current situation in Ukraine and Moldova, noting that putting these countries ahead of Georgia is unrealistic.“We all see the situation in Ukraine and Moldova. Unfortunately, the situation in Ukraine is extremely difficult. After 2022, the processes have developed severely - the economy has collapsed, the infrastructure is destroyed, the humanitarian situation is extremely difficult, corruption is rampant. As for Moldova, it is one of the most corrupt countries in Europe, which is reflected in their economic growth. Over the past 5 years, we have managed to increase the difference between the economies of Georgia and Moldova by approximately $ 14 billion,” the Prime Minister said.According to the head of government, in order to end the political crisis in Georgia, a legal ban on the “Collective National Movement” is necessary, for which the ruling team has already applied to the Constitutional Court.Kobakhidze compared the opposition unity to the German National Socialist Party.“I compare the German National Socialist Party in its essence to the collective “National Movement”, which is a fascist-Bolshevik union in content. Our desire is that parliamentary elections be held without these four radical unconstitutional parties. Our country cannot constantly revolve in this vicious circle, when on one side there is the ruling party and on the other side there is a radical, anti-state and anti-church opposition. This vicious circle must be broken,” Kobakhidze noted.The Prime Minister emphasized that the demand to ban the opposition is based on their past activities and constant “sabotage”. According to him, the lawsuit presents many arguments, including “human torture, business racketeering and media hijacking”. According to Kobakhidze, after the radical forces are removed, the arena will be given over to a “healthy political spectrum” by 2028.In the context of foreign policy, Irakli Kobakhidze also spoke about the expectation of a reset of relations with the US and specified the timing of communication.“There are very specific plans. You will see specific results by the end of May, communication will take place in specific directions. We have a specific agenda agreed with the American side and a number of communications will take place by the end of May. I did not say April, I am telling you May,” he added.

1777460589

The candidates are:  Locum Tenens of Catholicos-Patriarch, Metropolitan of Senaki and Chkhorotsku Shio (Mujiri); Metropolitan of Mroveli-Urbneli Iobi (Akiashvili); and Metropolitan of Poti and Khobi Grigoli (Berbichashvili).The Synod selected three candidates from a total of six nominees. According to the results of the secret ballot, Metropolitan Shio received 20 votes, while Metropolitans Iobi and Grigoli received seven votes each.As Senior Deacon Andria Jagmaidze, Public Relations Officer of the Patriarchate, told journalists, the other candidates were Bishop Grigol Katsia, Bishop Dositeos, and Bishop Melchizedek."Today's Synod has ended. As always, the Synod's resolution will be read out later by the Synod Secretary. Today, the Patriarchal candidates were selected. Three candidates were selected: the enthroned Shio, Bishop Job, and Bishop Grigol. Subsequently, as you know, the vote between these three candidates will be held at an expanded session, where the result of the vote will already show us who the future Patriarch will be. The date is not yet known. As for who received how many votes, the enthroned Patriarch received 20 votes, the other two candidates received 7 votes each. Bishop Grigol Katsia, Bishop Dositheos, and Bishop Melkisedek were also nominated as candidates. The main principle issue that was to be resolved at today's session was that the entries in the Management-Board Regulation be strictly implemented, and the Synod was guided by this," Jagmaidze told journalists.

1777435500

As a result of the vote, the Adjara Cabinet of Ministers was formed as follows: Minister of Finance and Economy: Ednar Nataridze Minister of Health and Social Protection: Nino Nizharadze Minister of Education and Sports: Maia Khajishvili Minister of Culture: Eliso Bolkvadze Minister of Agriculture: Denis Salukvadze Zurab Pataradze presented the action plan to the deputies and noted that all strategic projects launched in the region will continue. According to him, the priority areas remain healthcare, education and tourism development.It is noteworthy that members of the "Gakharia for Georgia" party did not participate in the government approval process.

1777392180

Lion Finance Group (BGEO LN) shares closed at GBP 110.40/share (-4.83% w/w and +17.07% m/m). More than 235k shares traded in the range of GBP 110.10 - 116.20/share. Average daily traded volume was 72k in the last 4 weeks. The volume of BGEO shares traded was at 0.54% of its capitalization.TBC Bank Group (TBCG LN) closed the week at GBP 48.70/share (-5.98% w/w and +17.63% m/m). More than 139k shares changed hands in the range of GBP 48.60 - 51.20/share. Average daily traded volume was 64k in the last 4 weeks. The volume of TBCG shares traded was at 0.25% of its capitalization.Georgia Capital (CGEO LN) shares closed at GBP 40.65/share (-0.37% w/w and +14.03% m/m). More than 421k shares traded in the range of GBP 40.10 - 41.90/share. Average daily traded volume was 65k in the last 4 weeks. The volume of CGEO shares traded was at 1.22% of its capitalization. 

1777371260

Prior to his appointment to the said position, Mikheil Khidureli was the head of the agency “Enterprise Georgia” for years.His appointment was made on the basis of Article 9 of the Law of Georgia “On Public-Private Partnership”.

1777371184

The issuer does not have a credit rating. The prospectus mentions various assumptions. There is a possibility that the securities will be purchased by one of the large banks, TBC Bank, which is affiliated with the placement agent (a direct subsidiary of JSC “TBC Bank”).In addition, the corporate lending direction (which, along with issuing corporate loans, includes investing in bonds) has a common management.() The placement agent is required by law to treat JSC "TBC Bank" as well as all investors equally;() During book-building (formation of the final interest rate), in case of interest in purchasing more than the amount specified in the prospectus, the application is satisfied proportionally or otherwise, the decision is made by the issuer itself, not the agent.The total issuance program is up to $20,000,000. The currency will be specified in the "Preliminary Offering Terms Document" for each issue. It may be Euro or US Dollar, issued as coupon bonds.Coupon payment is determined with different frequencies: a) monthly; b) quarterly; c) Semi-annual. Maturity: 1) 1 year; 2) 2 years; 3) 3 years; 4) 4 years; 5) 5 years.Issuer - Hotel Complex Lopota has been on the market since 2008. Until 2016, it was a family hotel (Lake Resort). It has been operating under the name of LLC "Lopota" since 03/2017.

1777370866

As of April (Q1/2026), banks' credit investments amounted to 75.2 billion GEL. Annual growth +14.9% ( L/m - +14.2%Y.Y). 75% of investments – GEL 56.4 billion are accounted for by 2 large banks (BOG, TBC).Out of 19 entities operating in the market (including 2 micro and 3 digital banks), 96% of total investments or 72.2 billion GEL account for 8 banks, of which the share of 2 systemic banks is 78%.According to the quarterly report of the National Bank of Georgia, lending to resident legal entities is 33.08 billion GEL. Of which 64% - 21.04 billion GEL equivalent issued in foreign currency.As of 01.04.2026, the retail portfolio of banks increased by 16.5% annually, to 37.8 billion GEL (L/Y - 32.5 billion; +15.5%).The larization ratio of total loans is 57.5% (Q1/2025 - 56.9%).

1777370626