Billionaires Packer and Milchan, at center of Netanyahu Investigation, Sought to Recruit Mossad Chief

State's Budget Deficit Swells to 4.2% of GDP, Exceeding Target

The NIS 39.1 billion in overspending means the deficit is nearly a full percentage point above the 3.4% deficit target for 2012.

The government's budget deficit swelled to 4.2% of gross domestic product in the 12 months through the end of November 30, putting it way above the ceiling...