Zurabishvili says ‘unclear’ why Georgian gov’t refused to take EU loan

Georgian President Salome Zurabishvili has stated it is unclear for her and the public why the Georgian Dream government has refused to take the second tranche of the EU’s 150 million euro loan which should have been addressed to decrease 'the social and human damage that COVID has done to our population'.
Zurabishvili said that the reason cited by the government for the refusal - positive moves in the state economy and the wish to decrease the country’s foreign debt - is weak.
She also said that ‘such unilateral decisions’ affect the country’s reputation and discourage investors.
"We must also understand that in the post-Afghanistan period, a new strategic situation is emerging where our stability and security will depend more on Europe than before," Zurabishvili said.
She stated that when Georgia has plans to apply for EU membership by 2024 it is important for the country to show more stability in its decisions and retain the trust of partners.
According to her, the October 2 municipal elections will be significant on the path of Georgia’s Euro-Atlantic integration and the government should ensure the holding of the race in a free and a competitive environment, Agenda.ge reported.
03.09.2021 09:45
Latest news
Latest newsMilitary Parade as a Manifesto: What Armenia Wants to Tell the World on May 28
25.May.2026
The War in Ukraine: The Russian Army is Already Running Out of Steam
25.May.2026
Railway Breakthrough: Armenia Integrates into the Akhalkalaki–Kars Route
24.May.2026
Tbilisi on the Eve of May 26: Independence Day Turns Into a Day of Political Struggle
24.May.2026
The US and Iran Continue Negotiations on a Possible Agreement and Extension of the Ceasefire
23.May.2026
The United States Suspends Participation in Ukraine Negotiations
22.May.2026
Azerbaijan and Georgia Strengthen Strategic Partnership with New Package of Agreements Signed
21.May.2026
Russia and China Strengthen Coordination on Key International Issues
20.May.2026
Beijing’s Hidden Role: Chinese Military Training for Russian Forces Revealed
19.May.2026
Pakistan Delivers Iran’s Revised Proposal to the US to End the War
18.May.2026

27 May 2026


