Georgia's moment

At a time when many European countries are in dire economic straits, Georgia is booming – and many Israeli investors have jumped at the opportunity.

By
June 9, 2012 02:48
Georgia

Georgia 521. (photo credit: Bernard Dichek)

 
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Georgia has changed so rapidly that even young people in the former Soviet republic have seen their lives change from night to day.

“I remember as a child when there was no electricity and no food to eat, just handouts from the Red Cross,” recalls Levan Danelia. The 24-year-old banker is referring to the disarray in his country after the collapse of the Soviet Union during the Nineties.

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