Economists Warn Yair Lapid's Budget Will Slow Israel's Economic Growth

But say finance minister had no other choice; bond marked reacts indifferently; Yacimovich harshly criticizes spending package.

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Finance Minister Yair Lapid’s 2013-14 budget, with its tax hikes and spending cuts, is likely to lead to dampen growth next year, economists warned Tuesday. But, while Labor Party leader Shelly Yacimovich...