Netanyahu anticipates ‚enormous change‘ in Israel’s economy

08.08.2011                      08.Aw-Elul, 5771


Netanyahu anticipates 'enormous change' in Israel's economy

As market spirals down, the prime minister announces formation of panel to meet with protest leaders.

Prime Minister Benjamin Netanyahu Sunday announced the formation of a panel of experts to hold a dialogue with the leaders of the tent protests.
Meanwhile, he and Finance Minister Yuval Steinitz both think the downgrade of America's credit rating last week and Europe's economic crisis are warnings that Israel must stick to a fiscal policy of curbing spending and paring down debt….