The US State Department says that sanctions

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likhon450@
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The US State Department says that sanctions

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"In recent weeks and months, the Georgian Dream party has increasingly distanced the country from the European Union, thereby seriously jeopardizing Georgia's decades-old partnership with Germany. As a result, we have reduced cooperation with the government and suspended support projects worth more than €200 million. We are consulting with EU partners on further measures, which could range from revoking visa-free travel for senior Georgian officials to targeted sanctions," Berbock wrote.


have been extended. Georgian business and economists have been talking about the fact that the expected sanctions and isolation from Western partners will harm the economy for a long time. Due to increased political belgium fax data risks, the influential rating agency Fitch changed the outlook to negative, although the credit rating has not been reduced yet. The deteriorating relations with the European Union, its member states and the US have already affected foreign aid.


The total volume of grants from international organizations and foreign governments in the 2025 budget is reduced by 91 million GEL . The volume of grants from the European Union is decreasing the most, which is related to the EU's decision itself, according to which the three-year funding of 121 million euros allocated to Georgia was suspended. Germany also suspended assistance worth 237 million euros.
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