Crisis in Eurozone might influence Georgia
By Messenger Staff
Monday, February 27Some economic analysts believe that the crisis in the Eurozone will eventually influence the Georgian economy, although not as deeply as it would have if Georgia were more integrated with the EU.
Those companies which export into Eurozone countries will face the greatest difficulties.
Analysts also suggest that Armenia will suffer more than Georgia, as its economy relies heavily on remittances from Europe and North America.