National Bank considers consequences of Ukrainian events for Georgia

Photo: National Bank considers consequences of Ukrainian events for Georgia / Georgia

Tbilisi, Georgia, March 18
By Nana Kirtzkhalia - Trend

The Georgian National Bank president Giorgi Kadagidze believes that Ukraine's events can affect the political situation in the region.

"We are currently analyzing the possible economic impact of Ukraine's events on Georgia," Kadagidze told media on March 17.

Meanwhile, he stressed that Georgia's dependence on Ukraine from the commercial standpoint is not so big as to have an impact.

"But the political processes in Ukraine can impact the region," he added. "At this stage, I can not say anything specific. But one can say that we are analyzing all possible risks that may be associated with this region."

Translated by NH
Edited by CN

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Tags: Georgia