Fitch downgrades Georgia's sovereign credit rating outlook

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In December 2024, the international rating agency Fitch downgraded Georgia's outlook. In its updated assessment, Fitch reaffirmed Georgia's sovereign credit rating at "BB". As for the outlook, it was lowered from "stable" to "negative". It is important to note that this was the second change in credit rating expectations in 2024, as Fitch had lowered the rating forecast from "positive" to "stable" in the summer.

Business Initiative - Freebusiness.ge
The announcement by the Prime Minister, approved by the Georgian Canada business fax list Dream's one-party parliament, that Georgia will not open EU accession negotiations until 2028, the government's crackdown on peaceful protesters, illegal arrests, and restrictions on freedom of speech and expression by businesses were followed by the Freebusiness.ge initiative, which is a petition by businesses that the country needs early parliamentary elections to overcome the current crisis. A total of 2,421 businesses have joined this initiative.