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Georgia Billionaire Scores Shock Vote Upset Over Saakashvili - Bloomberg
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Georgia's president Saakashvili concedes election defeat | World news | The Guardian
Basically Saakashvili still has a year left on his term.
By the way Ivanishvili used to finance Saakashvili, just my sense is things got quiet out of hand.
Georgia Billionaire Who Once Bankrolled Saakashvili Now May Be His Top Challenger - Worldcrunch - All News is Global
I think there will be more engagement with everyone and somewhat conciliation to a degree.
Btw Ivanashvili is about as wealthy as somewhat over half of Georgian GDP or 8bil vs a GDP of about 14bil or 1/3rd if you take ppp which is 24bil.
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Georgian billionaire Bidzina Ivanishvili’s opposition coalition unexpectedly won the most votes in a parliamentary election yesterday, defeating U.S.- backed President Mikheil Saakashvili’s party.
Ivanishvili, 56, called on Saakashvili to resign. The opposition Georgian Dream group had 54 percent of the votes, to 41 percent for the incumbent United National Movement, with almost 73 percent of the ballots counted, according to the website of the Electoral Committee in Tbilisi. Saakashvili, 44, conceded defeat and said his party would move into opposition.
The president has “made a lot of mistakes,” Ivanishvili told reporters today. “If he were to resign and orders early presidential elections, and a new prime minister is appointed under the new constitution, the situation will return to normal. If not, there may be problems.”
Ivanishvili, 56, called on Saakashvili to resign. The opposition Georgian Dream group had 54 percent of the votes, to 41 percent for the incumbent United National Movement, with almost 73 percent of the ballots counted, according to the website of the Electoral Committee in Tbilisi. Saakashvili, 44, conceded defeat and said his party would move into opposition.
The president has “made a lot of mistakes,” Ivanishvili told reporters today. “If he were to resign and orders early presidential elections, and a new prime minister is appointed under the new constitution, the situation will return to normal. If not, there may be problems.”
Georgia's president Saakashvili concedes election defeat | World news | The Guardian
Basically Saakashvili still has a year left on his term.
Under Georgia's constitution the president will carry on until the end of his term next October. After that Georgia shifts from a presidential to a parliamentary system. Over the next 12 months Saakashvili and Ivanishvilithe two men will have to work closely together, and consult on foreign policy and the budget.
Ghia Nodia, a former education minister who now runs a Tbilisi thinktank, said: "You have Saakashvili's emotionality and Ivanishvili's bizarre character. But it's in both their interests to co-operate.
"If Ivanishvili accepts this power-sharing arrangement, he will see it as a transitory stage towards acquiring full power," he said.
Ghia Nodia, a former education minister who now runs a Tbilisi thinktank, said: "You have Saakashvili's emotionality and Ivanishvili's bizarre character. But it's in both their interests to co-operate.
"If Ivanishvili accepts this power-sharing arrangement, he will see it as a transitory stage towards acquiring full power," he said.
Georgian government sources, meanwhile, said they had not been expecting to lose Monday's election. Opinion polls had put Saakashvili's party in front.
They conceded that a video broadcast on 19 September showing prison officers beating and raping inmates with broom handles had turned public opinion against the authorities. Voters in the Georgian Orthodox church – unhappy with the government's socially liberal policies – had also supported the opposition in huge numbers, they said.
They conceded that a video broadcast on 19 September showing prison officers beating and raping inmates with broom handles had turned public opinion against the authorities. Voters in the Georgian Orthodox church – unhappy with the government's socially liberal policies – had also supported the opposition in huge numbers, they said.
By the way Ivanishvili used to finance Saakashvili, just my sense is things got quiet out of hand.
Georgia Billionaire Who Once Bankrolled Saakashvili Now May Be His Top Challenger - Worldcrunch - All News is Global
I think there will be more engagement with everyone and somewhat conciliation to a degree.
Btw Ivanashvili is about as wealthy as somewhat over half of Georgian GDP or 8bil vs a GDP of about 14bil or 1/3rd if you take ppp which is 24bil.
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