Georgia: international ratings boost investor confidence

Archil Mestvirishvili, the Acting President and Vice President of the National Bank of Georgia, on May 24 said evaluations of Georgia’s investment environment by international rating agencies boosted investors’ and foreign organisations’ confidence in the domestic economy. Mestvirishvili said the ratings had a positive impact on the country’s business environment, and added the rankings for…

Moldova: state budget to be rectified

The state budget could be rectified. The announcement was made today by Prime Minister Dorin Recean at a Cabinet meeting on May 24. Government’s task is to free up more budget space so that money can be allocated to the economy, infrastructure and increasing the population’s income. “The correction we are starting today must bring…