Support The Moscow Times!

Georgia Could Get $70M

LONDON — The Black Sea Trade and Development Bank may provide 50 million euros ($70 million) for projects in Georgia in the next four years, Deputy Finance Minister Dimitri Gvindadze, said Tuesday in Tbilisi.

The bank, based in Thessaloniki, Greece, plans to allocate about 22 million euros to energy projects.

"One of the projects could be a pipeline, what kind we don't know yet," Gvindadze said. The bank has already contributed as much as 50 million euros for projects in Georgia, Gvindadze said.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.