Economic growth in Georgia is on track to reach 4.5 percent next year and could double by 2012-2013 as tourism, the banking sector and exports advance and foreign direct investment grows, the country’s Prime Minister told CNBC in an exclusive interview on Thursday.
New EU banking regulation must focus on institutions’ individual business models, rather than simply their size, Jacques de Larosière, co-president of think tank Eurofi told CNBC.
With real estate indexes on the rise and long-term government bonds under pressure, investors should turn to bricks and real estate, Royce Tostrams, technical analyst at Tostrams Group told CNBC on Friday.