Issue no: 1274
• NOV. 27 - DEC. 3, 2020 • PUBLISHED WEEKLY
PRICE: GEL 2.50
In this week’s issue... NATO Ex-Deputy Sec-Gen on Creating New, Associate Member Status for Georgia NEWS PAGE 2
Open Letter on Post-Election Parliamentary Developments
POLITICS PAGE 4
FOCUS ON NEW RESTRICTIONS
The gov’t introduces new restrictions as COVID cases continue to rise
PAGE 2
EU Disburses €100 mln in Macro-Financial Assistance to Georgia to Tackle Pandemic
O
n Wednesday, the EU disbursed €100 million under its macro-financial assistance (MFA) programs to Georgia, helping its balance of payments and alleviating its budgetary financing needs. The MFA is meant to help restore a sustainable external financial situation, as a complement to the International Monetary Fund (IMF) financing. Since 2008, the EU has launched four MFA operations in Georgia. This support is composed of €75 million from a new MFA program announced in April 2020, and is aimed at limiting the economic fallout of the coronavirus pandemic. The other €25 million comes as a last disbursement of a previous MFA approved in April 2018. Of the total, €95 million is provided in the form of loans at favorable rates, while the remaining €5 million is provided as a non-reimbursable grant. Continued on page 2 Source: Delegation of the European Union to Georgia
Carrefour Friday Rewards Loyal Customers with High-value Prizes BUSINESS PAGE 7
Tbilisi Hills Restaurant Latvian Chef Arthur Linkevich on New Collaboration & Future Plans BUSINESS PAGE 7
Noxtton – A Georgian Company in the Global Information Technology Industry BUSINESS PAGE 8
Eight-year-old Crushes Age Stereotype about Authorship SOCIETY PAGE 11 Prepared for Georgia Today Business by
Markets As of 23ͲNovͲ2020
Price
w/w
m/m
+34,8%
GEOROG 04/21
101.79 (YTM 2.43%)
+0,3%
+0,2%
Georgia Capital (CGEO LN)
STOCKS
GBP 4.55
+1,0%
+15,5%
GEORG 04/21
101.75 (YTM 2.22%)
Ͳ0,1%
Ͳ0,2%
TBC Bank Group (TBCG LN)
GBP 12.72
+8,7%
+31,7%
Bank of Georgia (BGEO LN)
COMMODITIES Crude Oil, Brent (US$/bbl) Gold Spot (US$/OZ)
Price
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GBP 12.40 +12,3%
m/m
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GRAIL 07/22
105.03 (YTM 4.51%)
+0,0%
+0,3%
GEBGG 07/23
105.58 (YTM 3.78%)
+0,3%
+1,1%
Price
w/w
m/m
w/w
m/m
46,06
+5,1%
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GEL / USD
3,3106
+0,5%
+2,7%
1 837,86
Ͳ2,7%
Ͳ3,4%
CURRENCIES GEL / EUR
3,9202
Price
+0,4%
+2,6%
+1,4%
GEL / GBP
4,4109
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GEL / CHF
3,6266
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FTSE 100
6 333,84
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0,0435
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GEL / TRY
0,4199
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DAX
13 126,97
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+3,8%
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1,9475
+0,5%
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29 591,27
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0,0066
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NASDAQ
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0,1168
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0,8445
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FTSE 250
19 582,35
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146,34
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EUR / USD
MSCI EM
1 220,52
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+7,4%
GBP / USD
0,7505
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SP 500
3 577,59
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+3,2%
CHF / USD
0,9129
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MSCI FM
2 447,46
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+5,0%
RUB / USD
76,1648
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+0,0%
GT Index (GEL)
1 582,68
Ͳ
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TRY / USD
7,8836
+2,3%
Ͳ1,0%
GT Index (USD)
1 208,13
Ͳ
Ͳ
AZN / USD
1,6990
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MSCI EM EE
Ͳ2,1%