MOODY'S AFFIRMS RATINGS OF ISRAEL

The international rating agency Moody’s confirmed the rating of Israel A1 with a stable outlook, the reports the business daily Globes.

Among the reasons for the judgment and there are economic flexibility and the effectiveness of government action that gave constant proof of attention than the public debt improvement. Moody’s adds that, with geopolitical more stable condition – the Arab-Israeli conflict, the volatility of the situation in Syria are a source of constant tension, the judgment would have been better. In the assessment there is called the irreplaceable role of contributing to the solidity economic of the country of high technology sector and the impact of this field on exports, thanks to its investments in human capital and activities of research and development. Among the negative notes there are concerns related to the permanent closure of the agreement on the natural gas sector whose slowdowns may be harbingers of disaffections by investors in this field.

(ITALPRESS).


Source: medNews