In ex-Soviet Georgia, political feud shakes investors


  • World
  • Wednesday, 05 Jun 2013

Georgia's Prime Minister Bidzina Ivanishvili (R) sits with President Mikheil Saakashvili during their meeting in Tbilisi March 4, 2013. REUTERS/Giorgi Kakulia/Georgian Prime Minister Press Service/Handout

TBILISI (Reuters) - A political tug of war in Georgia is unsettling business and hurting the economy in the former Soviet state that has won the most international praise for its market-friendly reforms.

Companies are putting off investments, and the resulting slowdown in growth is raising questions over whether billionaire Prime Minister Bidzina Ivanishvili can keep his generous social spending promises.

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