Source Pravda.Ru

Germany ready to boost financing of Georgian energy system

The German government is ready to increase financing of the Georgian energy system by EUR15m, which is in fact by one third, in the event Tbilisi provides guarantees of security for foreign specialists, including Germans in Georgia, a representative of the German government declared at a meeting with Georgian State Minister Avtandil Jorbenadze. The representative said this was one of the provisions to continue rendering financial aid for reforms in the Georgian energy sector.

Moreover, according to the official, the German government decided to allocate EUR2m to Georgia in 2002 to cover damage caused by the recent earthquake in this country.

As it was reported earlier, the German KfW bank has allocated EUR90m in credits over the past four years. By the end of this year Georgia is to receive another EUR8m. KfW is ready to finance expenses on creating the single energy zone of the Caucasus, whose creation was announced at a conference devoted to the integration of the energy systems of countries of the Caucasian region. Energy authorities of Russia, Georgia, Armenia, Azerbaijan, Turkey and Iran took part in it.

Ukrainian bloggers draw a parallel between the events in East Timor and the Crimea. Any comparison has a right to exist, but a detailed analysis of the situation does not give a promising forecast to Ukraine

Ukraine dreams of what it can do to Crimea after winning war with Russia
Comments
The Sham called Democracy
The Sham called Democracy
The Sham called Democracy
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
The Sham called Democracy
The insane idea in Germany: "pedophilia normal love"
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
The Sham called Democracy
The Sham called Democracy
The end of the theory of a Nobel Prize in chemistry?
Aretha Franklin: A colossus, a woman, a lady, a light and a soul
Russia to respond with military-strategic blow to new USA's sanctions
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too
Peculiarities of Russian sex
Russia must build strong Orthodox coalition in Europe to defeat the West
Ukraine dreams of what it can do to Crimea after winning war with Russia
Putin in Austria: Europe doesn't like Russia very much, but it is fed up with USA too