Wednesday 03 October 2012
Billionaire's party wins Georgian election
Georgia's billionaire opposition leader Bidzina Ivanishvili
AFP/STR
By Rosslyn Hyams

Georgian President Mikheil Saakashvili has conceded defeat in Monday's parliamentary polls. The winner is the Georgian Dream Party, an opposition coalition led by billionaire tycoon Bidzina Ivanishvili. Analust Nico Popescu looks at the result.

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