OP-ED - Page 12

The FINANCIAL -- In April 2017, DAIRY product prices were 12.5% higher compared to same period last year (April 2016), according to AGRIndex.

Unlike France, Ireland or Sweden, in Georgia it is mandatory for political parties to register. But unless a party has extreme aims, the process is efficient, easy and inexpensive.  

The FINANCIAL -- According to the recent World Happiness Report 2017, Georgia ranks 125th among 155 countries with respect to peoples’ happiness.

The FINANCIAL -- In April 2017, the average cost of cooking one standard Imeretian khachapuri decreased to 3.32 GEL, which is 2.5% lower month-on-month (m/m, that is, compared to March 2017), but 4.9% higher year-on-year (y/y, compared to April 2016).

The FINANCIAL -- Economy

The Georgian parliament recently proposed amendments to the constitution that could further reduce the role of the president (which is already minimal) to an almost a ceremonial role.

The FINANCIAL -- In the old Soviet movie, “Once Upon a Time Twenty Years Later,” a mother of ten who bought a lot of clothing and food in a local shop was suspected of being a speculator by the shop administrator, who

  The FINANCIAL --In April 2017, for the first time in the last nine month period, agriculture products became cheaper, but the decrease in prices was marginal — m/m AGRIndex equaled -0.50%.

The FINANCIAL -- ISET’s Khachapuri Index kept declining in April, which is in line with seasonal trends. The average cost of cooking one standard Imeretian khachapuri currently stands at 3.32 GEL, which is 2.5% lower month-on-month (compared to March 2017), and 4.9%

The FINANCIAL -- On April 21, the Parliament of Georgia approved changes to the Road Traffic law introducing the so-called demerit points system (DPS) in Georgia. Under the DPS every driver will receive a reserve of 100 points. For each traffic violation,