A SUPPLEMENT TO EUROMONEY – GEORGIAThe implications of peace Not long ago it was dangerous to venture onto the streets of Tbilisi, the capital of Georgia. Gangs of armed men, back from the front line, roamed the streets at night. Things were little better during the day and a crime wave made it almost impossible to run any sort of business. But since presidential and parliamentary elections in November 1995, this mountainous Caucasus republic has enjoyed a dramatic recovery after a civil war and two separatist wars that produced a refugee crisis and economic collapse. |
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