Bank Of Baku

Mikhail Saakashvili: “Recent armed conflict with Russia caused $2bn. damage to our country”

Mikhail Saakashvili: “Recent armed conflict with Russia caused $2bn. damage to our country”
# 25 August 2008 10:55 (UTC +04:00)
Tbilisi – APA. The recent armed conflict with Russia caused $2bn. damage to Georgia’s economy. Mikhail Saakashvili said the US and the EU should combine to create a fund that would compensate investors in the event of another Russian attack, APA reports.
"The first thing that happened was that the Russian tanks came in," Mr Saakashvili said and added "From our point of view the Georgian military was responding to a Russian invasion. No European country, including the big ones, would have been able to confront that number of Russian tanks in such a small theatre, and the entire Russian air force. Russia wanted me to leave the post, but I am not going to do it," he said.
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