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Issue no: 1279 • JANUARY 15 - 21, 2021 • PUBLISHED WEEKLY PRICE: GEL 2.50 In this week’s issue... Georgia Unveils FOCUS Memorial to Victims of ON IVANISHVILI Russian Occupation Check out our exclusive interview with Georgia's top philanthropist PAGE 3 NEWS PAGE 2 MEP Marketa Gregorova on the EU’s Eastern Partnership Plans POLITICS PAGE 6 About Tomorrow – Remembering Yesterday while Bearing in Mind the Present Day. Part 1 POLITICS PAGE 7 GM of Radisson Collection Tsinandali Estate: It's Time to Reinvent the Way Hotels Attract Guests BUSINESS PAGE 8 Tim Severin’s Argo on Georgian Shores Corona Update: Restrictions to Remain until February 1 SOCIETY PAGE 10 BY ANA DUMBADZE WE’AR ART: Meet Fashion Designer Nana Kasradze he epidemiological situation in CULTURE PAGE 11 Georgia appears relatively stable as we welcome the new year, with the number of new cases detected NOVAT Terminates Contract daily reducing from over 3000 pre- TChristmas to 1500-2000 on average this week, with Nino Ananiashvili against a background of intensive testing. The country’s capital Tbilisi remains a hotspot in CULTURE PAGE 11 terms of the virus spread, with at least 500 newly detected cases daily. The above decrease in new cases can be con- Prepared for Georgia Today Business by sidered the result of current regulations and Markets Asof11ͲJanͲ2021 restrictions in force across the country. Accord- STOCKS Price w/w m/m BONDS Price w/w m/m BankofGeorgia(BGEOLN) GBP12.30 +0,8% +3,9% GEOROG04/21 101.07(YTM2.94%) +0,0% Ͳ0,6% ingly, the government on Monday decided to GeorgiaCapital(CGEOLN) GBP5.40 +0,9% +3,4% GEORG04/21 101.38(YTM1.25%) Ͳ0,1% Ͳ0,3% further expand the period of restrictions and TBCBankGroup(TBCGLN) GBP13.06 +4,0% +9,7% GRAIL07/22 106.20(YTM3.46%) +0,3% +0,7% announced that the current COVID restrictions GEBGG07/23 105.40(YTM3.75%) Ͳ0,5% Ͳ0,1% will be maintained until February 1. indoor markets, have been extended until Feb- VACCINATIONS COMMODITIES Price w/w m/m CURRENCIES Price w/w m/m CrudeOil,Brent(US$/bbl) 55,66 +8,9% +11,4% GEL/USD 3,2950 Ͳ0,3% +0,3% ruary 1, despite suggestions that they would be Regarding the vaccination plan, on Tuesday, GoldSpot(US$/OZ) 1843,89 Ͳ5,1% +0,2% GEL/EUR 4,0035 Ͳ1,1% +0,7% freed mid-January. Municipal and intercity traf- Health Minister Ekaterine Tikaradze announced GEL/GBP 4,4527 Ͳ0,7% +2,5% THE CURRENT RESTRICTIONS CLARIFIED INDICES Price w/w m/m GEL/CHF 3,7013 Ͳ1,4% +0,3% Shopping malls will be allowed to open and fi c has been banned since November 28, 2020, that the Georgian population will be vaccinated FTSE100 6798,48 +3,4% +3,8% GEL/RUB 0,0442 Ͳ0,5% Ͳ1,8% FTSE250 20776,13 +1,2% +5,9% GEL/TRY 0,4405 Ͳ1,0% +5,5% function in compliance with the regulations from with only cars and taxis allowed. with Pfi zer “in the near future.” She made the DAX 13936,66 +1,5% +6,3% GEL/AZN 1,9384 Ͳ0,3% +0,3% February 1, with employees having to be tested Government representatives note that they relevant statement during a meeting with US DOWJONES 31008,69 +2,6% +3,2% GEL/AMD 0,0063 ͲͲ NASDAQ 13036,43 +2,7% +5,3% GEL/UAH 0,1171 +0,8% Ͳ0,3% for coronavirus. will use the period before February 1 for active Ambassador to Georgia Kelly Degnan. MSCIEMEE 171,54 +3,4% +4,5% EUR/USD 0,8230 +0,8% Ͳ0,3% Restrictions on the operation of municipal and meetings with representatives of the business The Minister of Health informed the American MSCIEM 1349,60 +3,5% +7,3% GBP/USD 0,7399 +0,4% Ͳ2,2% SP500 3799,61 +2,7% +3,7% CHF/USD 0,8903 +1,0% +0,0% intercity public transport (trains, buses and sector to ensure safe opening in February for diplomat in detail about the epidemic situation MSCIFM 2658,78 +2,6% +4,6% RUB/USD 74,6668 +0,5% +2,4% minibuses), and on shops and both outdoor and both transport and businesses. in Georgia. GTIndex(GEL) 1582,68 ͲͲTRY/USD 7,4779 +0,7% Ͳ4,7% Continued on page 2 GTIndex(USD) 1208,13 ͲͲAZN/USD 1,6988 Ͳ Ͳ0,4% GEORGIA TODAY 2 NEWS JANUARY 15 - 21, 2021 Georgia Unveils Memorial to Victims of Russian Occupation memorial dedicated to vic- tims of Russia’s ongoing occupation of Georgia’s two regions has been erected in Tbilisi’s Ponitch- Lithuania Approves Sakartvelo Aala district. Entitled ‘Memorial to the Victims of Occupation’, the sculpture, created by as Georgia's Offi cial Name Irakli Tsuladze, depicts two bronze fi g- ures, male and female, separated by a 21 of last year to stop referring to Geor- multi-layer glass barrier. BY NINI DAKHUNDARIDZE gia as "Gruzija,” completely replacing it Tsuladze told the news agency GHN with "Sakartvelas". that working on the installation had been "We needed a transition period to see both emotional and interesting. ithuania has approved "Sakart- if the public would accept the name," "Two people stand on different sides velas" (Sakartvelo) as the Antanaitis told BNS. "Obviously, it took of an imaginary border. Woman and man, offi cial Lithuanian name for root incredibly quickly. I predicted [that epitomizing the mainspring of existence. Georgia. This means that from it would take] 20 years, but it took two The theme of occupation is important now on, Georgia will be years. It was really unexpected. As such, and very emotional for our country. But Lreferred to as Sakartvelas, the country’s we decided to bring this process to a it's not just about the occupation; it's a name in its native tongue, in all offi cial conclusion. Sakartvelas has become the global theme, a separation of love brought Lithuanian-language documents. offi cial name," he said. about by an invisible wall and barbed "Sakartvelas is the offi cial name now," Georgian politicians and diplomats wire. This is an allegorical work," the Audrys Antanaitis, Chairman of the State earlier asked Lithuanian offi cials to artist said. Commission of the Lithuanian Language change the name, saying that "Gruzija" Tbilisi City Hall announced a compe- (VLKK), told BNS. refl ected the Russian name for the nation. tition for the memorial in April 2019. “Sakartvelas” has been an alternative Although the offi cial name has changed, However, the competition found no vic- term for “Gruzija” for the last two years. “Gruzija” can still be used in the public tor, and another was announced in July The decision was made on December domain. that year, which Irakli Tsuladze won. Georgia Marks National Flag Day Union in 1991. By the late 1990s, the on 14 January 2004. Saakashvili formally BY ANA DUMBADZE design had become widely known as endorsed it via Presidential Decree No. the Georgian historical national fl ag. 31 signed on 25 January, following his A majority of Georgians supported election as President. 14 January is annu- eorgia marks its National the restoration of the fl ag, and in 1999 ally marked as Flag Day in Georgia. Flag Day on January 14, the Parliament of Georgia passed a bill "One of the main symbols of our state- but large-scale events are to change the fl ag. However, it was not hood, the fl ag of Georgia inspires the not planned this year due endorsed by the President, Eduard She- patriotic spirit and great pride in each to the COVID pandemic. vardnadze. It was adopted in the early of us," the Prime Minister of Georgia GThe State Council of Heraldry calls on 2000s by the main opposition party, the Giorgi Gakharia said in connection with citizens to set and raise the national United National Movement led by the Day of the State Flag of Georgia. fl ag on their balconies or roofs to honor Mikheil Saakashvili, as a symbol of The Prime Minister is convinced that Georgia’s statehood. popular resistance to Shevardnadze's the time is not far when this symbol of The current fl ag was used by the Geor- rule, as well as a symbol of the Rose Georgian statehood will be erected next gian patriotic movement following the Revolution. to the fl ags of the member states of the country's independence from the Soviet The fl ag was adopted by Parliament European family. Corona Update: Restrictions to Remain until February 1 Trump Impeached for Continued from page 1 National Center for Disease Control, said this Wednesday that more than “We are actively cooperating with 6,000 taxi drivers have been tested for Covax and we have made some progress. coronavirus so far, and the number of 'Inciting' US Capitol Riot Namely, in the near future, it will be pos- positive cases is less than 1%. sible to vaccinate the population of “More than 6,000 taxi drivers have he US House of Rep- Georgia with Pfi zer,” Tikaradze said. been tested, and it seems that the num- resentatives has During the meeting, Ambassador Deg- ber of cases of infection is less than 1%. impeached President nan assessed the steps taken to contain The number of tests at markets has also Donald Trump for COVID-19 in Georgia. increased: 4,000 tests have been con- "incitement of insur- “We had a very useful meeting, where ducted and the number of cases there is Trection" at last week's Capitol riot, I received updated information about also less than 1%.