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The News in Brief

Thursday, November 29
Women in business support helps Georgian hotel

Georgian Hotel Prometheus benefited from the EU-funded program ‘Women in Business’.

The hotel is run by four women and features 49-room hotel. Located in the center of Tskaltubo, only three kilometers away from Prometheus cave, the hotel welcomes guests with its restaurant, outdoor cafe and indoor bar, spa treatments and healthcare services.

The company teamed up with the ‘Tbilisi Auditors Team’ to implement a strategy project aimed at smoothing managerial decision-making, reducing tax exposure, standardizing financial reporting and re-training staff.

‘Women in Business’ is an EU-funded program, which helps women-led SMEs access the finance and the know-how that they need to grow. Under the program, the EBRD provides access to finance through credit lines to local banks dedicated to women-led SMEs, alongside business advice to help businesses become more competitive.

The program also offers training, mentoring and other support to enable women entrepreneurs to share experiences and learn from each other.



Georgia’s outgoing President

Georgia’s outgoing President, Giorgi Margvelashvili, met with representatives of local election watchdogs on November 27.

“I am concerned over the rhetoric that I hear from various politicians when you are intentionally targeted for your statements, which are based on your impartial opinions and facts,” he said, apparently referring to the Georgian Dream politicians’ verbal attacks against the country’s leading civil society organizations (CSO).

Justice Minister, Tea Tsulukiani said on November 22 that three CSO’s who reported a whistleblower allegation was “caught telling a lie” and implied that they have either purposefully voiced the United National Movement (UNM) propaganda, or were manipulated to do so.

“The way of thinking, where any criticism is perceived as an attack, where you are perceived as an enemy if you do not appease to the government, is one step away from being totalitarian,” he noted.

Margvelashvili also met the representatives of international and local election observation missions and talked about the pre-election environment.

The Presidential runoff was held on November 28.

The new President will stay in power for 6 years. The Georgian parliament approved the one-time presidential election through the direct rule by taking into consideration new Constitution of Georgia in March.

The next presidential elections will not be direct any longer. (By Mariam Chanishvili)