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News from Tbilisi, Georgia
BasisBank Buys Georgia’s Third-Largest Liberty Bank, Co-Owned by GD-Close Irakli Rukhadze
BasisBank, owned by a Chinese Hualing Group, acquired Liberty Bank, Georgia’s third-largest bank, which has been co-owned by the ruling party-close businessman Irakli Rukhadze, the former owner of pro-government Imedi channel, which he sold shortly before…
Georgia Closing Airspace Over Abastumani ‘Ivanishvili Whim’, Sources Tell RFE/RL
On April 16, Georgia is to close airspace over the area of Abastumani, a health resort in the country’s south, with officials citing the need to ensure clear skies above the local astrophysical observatory. However, sources told Radio Free Europe/Radio…
Georgia Adds Exemptions to Newly-Tightened Labor Migration Law
Georgia’s disputed parliament expanded exemptions to the newly-tightened labor migration law for a wider range of foreign professionals and introduced a new framework for short-term work requiring no work or residence permit. The amendments to the law were…