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Issue no: 818/14
• FEBRUARY 16 - 18, 2016
• PUBLISHED TWICE WEEKLY
PRICE: GEL 2.50
In this week’s issue... President of Georgia Nominates Candidate for New NBG Board Member Position PAGE 2
FOCUS
ON IRAN-GEORGIA RELATIONS
Alex Vatanka and the open ‘gate of all nations,’ Persepolis, Iran
Alex Vatanka, Senior Fellow at the Middle-East Institute in Washington, talks the future of neighborly relations
PAGE 3
Georgia May Issue Eurobonds in 2016 BY ANA AKHALAIA
G
eorgia may issue Eurobonds in 2016 and is expecting additional resources from international financial institutions to deal with economic slowdown caused by problems in neighbouring countries, Prime Minister Giorgi Kvirikashvili has stated. He says the government is planning to hold a series of roadshows in the United States and other countries to attract foreign investment. “I can’t predict whether we will need to issue Eurobonds, but if speeding up infrastructure projects requires attracting additional investments, including via Eurobonds, of course, we will do that, maybe later this year,” PM Kvirikashvili told Reuters in an interview. Continued on page 2
Bordeaux to Host Exhibition Dedicated to Georgian Wine-Making and Viticulture PAGE 2
Young Seedlings of Georgia’s Agriculture ISET PAGE 4
Turkey’s Healthcare Reform GALT & TAGGART PAGE 6
Unbelievable Payment Terms a First for the Georgian Real Estate Market PAGE 8
Medicine Costs to Be Lowered, Transparently PAGE 11 Prepared for Georgia Today Business by
Markets As of 12ͲFebͲ2016
Price
w/w
m/m
BONDS
GBP 16.18
Ͳ7,4%
Ͳ9,0%
GEOROG 05/17
GHG (GHG LN)
STOCKS
GBP 1.67
Ͳ7,0%
+1,4%
GEORG 04/21
TBC Bank (TBCB LI)
US$ 9.50
+3,1%
Ͳ2,1%
Price
w/w
m/m
Bank of Georgia (BGEO LN)
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
INDICES
33,36
Ͳ2,1%
+8,1%
1 237,97
+5,5%
+13,9%
Price
w/w
99.81 (YTM 7.02%)
+0,1%
Ͳ0,6%
104.60 (YTM 5.83%)
Ͳ0,0%
+1,1%
GRAIL 07/22
102.25 (YTM 7.30%)
+0,5%
+0,9%
GEBGG 07/17
103.06 (YTM 5.41%)
Ͳ0,1%
Ͳ0,3%
CURRENCIES
Price
w/w
m/m
m/m
GEL / USD
2,5000
+0,6%
+3,3%
GEL / EUR
2,8137
+1,0%
+7,1%
Price
w/w
m/m
GEL / GBP
3,6257
+0,6%
FTSE 100
5 707,60
Ͳ2,4%
Ͳ3,7%
GEL / CHF
2,5586
+1,9%
+5,9%
FTSE 250
15 431,31
Ͳ3,6%
Ͳ7,5%
GEL / RUB
0,0318
Ͳ0,9%
+1,0%
8 967,51
Ͳ3,4%
Ͳ10,2%
GEL / TRY
0,8534
+0,2%
+7,0%
15 973,84
Ͳ1,4%
Ͳ3,3%
GEL / AZN
1,5749
+2,1%
+8,5%
4 337,51
Ͳ0,6%
Ͳ7,4%
GEL / AMD
0,0050
Ͳ
DAX DOW JONES NASDAQ
+3,7%
Ͳ
MSCI EM EE
102,02
Ͳ4,3%
+0,3%
GEL / UAH
0,0955
Ͳ0,7%
Ͳ8,5%
MSCI EM
711,24
Ͳ3,8%
Ͳ1,7%
EUR / USD
0,8884
Ͳ0,9%
Ͳ3,5%
SP 500
1 864,78
Ͳ0,8%
Ͳ3,8%
GBP / USD
MICEX
1 726,04
Ͳ3,1%
+2,1%
CHF / USD
0,9771
Ͳ1,4%
Ͳ2,5%
MSCI FM
2 253,40
Ͳ0,8%
+2,5%
RUB / USD
78,6638
+1,5%
+2,2%
GT Index (GEL)
886,29
+0,0%
+0,0%
TRY / USD
2,9300
+0,4%
Ͳ3,4%
GT Index (USD)
705,64
+0,4%
Ͳ2,6%
AZN / USD
1,5635
Ͳ3,0%
Ͳ0,5%
0,6894
Ͳ0,0%
Ͳ0,4%