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 news51% of Bulgarians Plan to Vote: Radev Maintains Lead
11.Mar.2026
Brussels Raises a Red Flag: Georgia’s Democratic Reforms under EU Scrutiny
11.Mar.2026
An Unprecedented Power Transition in Iran: Ali Khamenei’s Son Becomes the New Supreme Leader
10.Mar.2026
Russia Warns of a Potential Energy Shock due to Escalation in the Middle East
10.Mar.2026
Iran Attacks Gulf States Despite President’s Apology
08.Mar.2026
War Without Negotiations: U.S. Signals Possible Elimination of Iran’s Leadership
08.Mar.2026
Putin and Pezeshkian Discuss Iran Escalation Amid Moscow’s Cautious Stance
07.Mar.2026
Iran’s President Pledges Not to Strike Neighbors in Bid to Ease Tensions
07.Mar.2026
Postponed Talks and Emerging Threats: Ukraine Becomes a Hub of Strike Drone Expertise
06.Mar.2026
Armenia Strengthens Digital Infrastructure With New Starlink Terminals
06.Mar.2026

15 Mar 2026


