OK I've discovered that's the ribbon of St George, something to do with Russian nationalism. But any help with the words or any other knowledge greatly appreciated.
"In step with the Kremlin’s rehabilitation of Stalin as a wise and honourable leader who is given all the credit for the defeat of Nazi Germany, there has been a resurgence in Stalin’s popularity in Georgia, with at least 11 new statues of him appearing since the governing Georgian Dream party came to power in 2012."
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