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Economy / Georgia


January 2012 | Risk Summary

The disputed presidential election in late November has created a political atmosphere of chaos in the breakaway region of South Ossetia, after the Kremlin-backed candidate and former emergency minister, Anatoly Bibilov failed to win a majority in a second-round run-off against former education minister Alla Dzhioyeva. South Ossetia's electoral court subsequently ruled the vote invalid. However Dzhioyeva has since rejected the court ruling, independently declaring herself the victor, with over a thousand supporters taking to the streets recently. South Ossetia's regional parliament has since scheduled another vote for March 25, and openly requested that Dzhioyeva does not participate.

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