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Economy / Georgia

Growth Slows

July 2008 | Risk Summary

Georgia's breakaway Abkhazia region announced that from July 1 its de facto border with the country will be closed after a series of explosions in the territory on June 29-30 which it blames on Tbilisi. Two bombs went off nearby the resort town of Garga injuring six people and a further two bombs exploded in the separatist capital Sukhumi, injuring six. The Georgian government has denied any involvement in the explosions and claims that Abkhazia's allegations are politically motivated.

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