Capital Markets: National Bank of Georgia First Vice Governor Ekaterine Mikabadze backed a EUR 11m bond placement by Tegeta Holding, highlighting growing investor appetite and corporate use of the capital market (coupon 6.25%). Banking & Education: NBG and Caucasus International University launched a documentary series on the history of Georgian money, with materials planned for distribution to 50 schools via Bank Cartu and “FinEdu Corner” library spaces. Energy & Infrastructure Security: NATO warned Russia’s hybrid campaign is targeting Europe’s energy grid, with growing concern over sabotage and cyberattacks on pipelines and power links. Oil & Transit Routes: Kazakhstan is assessing the Baku–Supsa pipeline as an export option, while noting reduced exports tied to Tengiz output and transport limits. Utilities: Georgia Power customers may see slightly lower bills after the regulator approved rate changes, using federal nuclear tax credits. Local Governance: Tbilisi Mayor Kakha Kaladze ordered an audit after complaints that Avlabari subway station rehabilitation still leaks during rain. Environment: Georgia’s Ministry of Environment Protection and Agriculture signed grant agreements with the Caucasus Nature Fund for protected landscape administrations’ operating costs. Diplomacy: A US State Department delegation met NBG and the Economy Ministry, with both sides saying they want to reset relations and restore strategic cooperation.