Georgia

If you're keeping an eye on the exchange rates, you might have noticed that the US dollar has been steadily gaining strength and by December 2013, it reached its peak. The exchange rate for 1 Georgian Lari on December 23, 2013 was set to 1.7168 according to the National Bank of Georgia, and in Tbilisi's money exchange points, the value went even higher to 1.7300 (SELL) and 1.7200 (BUY). I've created a handy chart that shows the exchange rates for GEL from January 1, 2013 to December 23, 2013,…

On November 28-29th, 2013, the Eastern Partnership summit took place in Vilnius, where Ukraine, Georgia, and Moldova signed an Association agreement with the European Union (EU). This agreement aimed to strengthen political and economic ties with the EU, including free trade and visa-free travel. The signing of the agreement was seen as a significant step towards European integration for these countries. However, the signing of the agreement led to significant tensions between Russia and the…

LinkedIn is a social media platform that has become an essential tool for recruiters and hiring managers in various industries. For those in need of hiring translators, LinkedIn is a particularly valuable resource that can help connect them with a pool of qualified candidates. For the past few weeks, I've been helping find and recruit top talents for one of the leading translation companies in Georgia, and in this article, I want to share my joy about how powerful is LinkedIn for finding top…

The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…

<p>Yesterday I wrote about <a href="http://reinisfischer.com/minimum-wage-baltic-states">minimum wages in Baltic states</a>. Today I would like to write about minimum wages in South Caucasus (Armenia, Azerbaijan, Georgia) countries. Both of these regions was once a part of Soviet Union, and for me it's interesting to compare how each of the regions have developed since collapse of Soviet Union.</p><p>Armenia $108, Azerbaijan $133, Georgia $54</p…

<p>Low fare airline company Wizz Air &nbsp;has announced, that starting April 1st, 2014 a new route will be opened, serving Vilnius, Lithuania &nbsp;- Kutaisi, Georgia.</p><p><a href="http://wizzair.com/en-GB/TimeTable/Vilnius/Kutaisi">Tickets can be bought already, and they cost about 50 EUR one way.</a></p><p><img src="http://reinisfischer.com/sites/default/files/wizair.JPG&quot; alt="" width="737"…

Some speculations have been raised lately, who will Bidzina Ivanishvili appoint as the new Prime minister of Georgia.  And here you go - Irakli Garibashvili, 31-year-old, former Interior Minister, again appointed by Bidzina Ivanishvili. I will not discuss a lot about the new Prime Minister, because, as said before, I'm not so much in Georgian politics, my Georgian political source - Tbilisi taxi drivers, have not been wrong. Yesterday holding a conversion with a taxi driver about awaiting…

Recently I wrote an article about Georgian press discussing whether the new Prime Minister of Georgia will be David Seergenko. To this day Georgian Press, has already 3 candidates: David Sergeenko, Irakly Gariabshvili and Giorgi Kvirikashvili. As I wrote about Georgian president candidates before elections -  I had no clue who is who - so I can confirm, I have no idea who are these guys except some of these or somebody else, will be appointed by Bidzina Ivanishvili (current PM of Georgia).…

I first met Giorgi from Georgian fishing tours back at the end of 2013, when we did a fishing tour at Jandari lake organized by his company. I noticed a free fishing tour offer on their Facebook page. I claimed that offer and I was the lucky to actually get a free fishing tour. Make sure you follow their Facebook page as well - who knows, maybe more such offers will follow. If not - price for such tours are not very expensive and is worth of every tetri spent. So, that's how I get familiar…

The collapse of the Soviet Union in 1991 marked the end of a massive political and economic entity, leading to the creation of several independent states. The Commonwealth of Independent States (CIS), Baltic states, and Georgia are some of the countries that emerged from the Soviet Union's ashes. But what happened to these countries after the collapse and what has become of their economies in the present day? First, let's take a look at the economy of the former Soviet Union countries as a…