Saakashvili says Russia allegedly buying out Georgian banksFebruary 27, 2013 - 09:17 AMT PanARMENIAN.Net - Georgia’s President Mikheil Saakashvili said that Russia was allegedly buying out Georgian banks, including one of the country’s largest banks, Liberty Bank. Speaking at a press briefing on Tuesday, Feb 26 night, Saakashvili said that Liberty Bank was purchased by Russia’s largest lender Sberbank, while two more Russian banks, namely Alfa-Bank and Gazprombank, eyed other Georgian banks. Director General of Liberty Bank Lado Gurgenidze, however, denied later that his bank was purchased by Russia’s Sberbank. “I want to point out that the information is not true. We had talks with the Russian bank neither in the past, nor at the moment,” Gurgenidze wrote in his Facebook account, according to RIA Novosti. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |