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Georgia hopes to avoid second wave of crisis

Business Materials 27 January 2010 16:57 (UTC +04:00)
Finance minister of Georgia Kakha Baindurashvili does not expect the second wave of crisis in the country.
Georgia hopes to avoid second wave of crisis

Georgia, Tbilisi, January 27 / Trend , N.Kirtzkhalia/

Finance minister of Georgia Kakha Baindurashvili does not expect the second wave of crisis in the country. "Despite this, the probability of economic shocks in the global economy is quite high, and any event in the world immediately affects the economy of Georgia," the minister said in an interview with media.

According to Baindurashvili, 2010 is not a year of stability, this is a transitional year, which should lead to stability. In Georgia, some entrepreneurs believe that they will have to close their companies, since there are signs of the second wave of the crisis.

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