The need to preempt Iran and export gas to Egypt was the reason the government gave to push through its controversial plan for Israel's natural gas. Now, this reason may no longer exist.08:52 31.08.15 | 1 comments
Israel's economy is in much better shape than the EU economy. Subsidies from the USA are only for military purposes and must be spent in the US. This provides the Us with a secure mid- East base at at a very cheap price. AN EU boycott would probably be met by a counter boycott by Israel's friends in other countries. Sales of Irish Whiskey, Peugot, Volkswagon, etc. would suffer.