Georgia
Central banks in transition
– Kazakhstan, Georgia and Turkey –
CentralBankNet Monday Special Feature
SPECIAL FEATURE - Georgia, a small low-income economy dependent on exports to Turkey and Russia, burdened with the legacy of ethnic conflicts, high external debts and low economic literacy, has nevertheless made striking progress in one important…
Guynn on the road to recovery
SPEECH - In the speech 'The Road to Recovery and an Atlanta Perspective' Jack Guynn of the Federal Reserve Bank of Atlanta said that this recovery was different from previous ones. The big difference in this recovery, Guynn said, is that there has been…
Speech by Fed Chairman Alan Greenspan, 3 May
SPEECH - In a speech made Friday titled 'Stock Options and Related Matters' Greenspan said failure by firms to count option grants to employees as expenses may significantly distort earnings.
Gov't demand changes in law on Nat Bank of Georgia
GEORGIA - Ministry of State Security of Georgia demands entering changes to law on National Bank of Georgia to study "doubtful bank enumerations".
Journal of Banking & Finance paper
RESEARCH - Risk management in the global economy: A review essay by William C. Hunter, Stephen D. Smith.
Georgia National Bank's reserves raised
GEORGIA - With the receiving of new credit from the International Monetary Fund, currency reserves of National Bank of Georgia had raised to 141.8 million dollars.
Georgia's cen bank staff want right to carry arms
GEORGIA - Members of Parliament of Georgia are discussing an issue of allowing some employees of the National Bank of Georgia to carry firearms.
NBG to invest half of its international reserves
GEORGIA - In the near future the National Bank of Georgia projects to invest some 50% of the country's international currency reserves in financial instruments /such as treasury obligations/ in two foreign banks, head of the NBG department for currency…
Georgian c.bank head sees stable lari, IMF loans
Georgia's lari currency should be stable next year, enabling the country to meet conditions to unlock loans from its largest creditor, the International Monetary Fund, the central bank governor said in an interview with Reuters.