Moody’s: Early Elections ‘Credit Negative’ for Israel

Warns that elections would encourage politicians to promise costly tax breaks and spending increases; retains Israel’s A1 Stable rating.

David Rosenberg

Dec 16, 2014 1:07 AM

The collapse of Prime Minister Benjamin Netanyahu’s government and early elections are a “negative” for Israel’s credit rating, Moody’s Investors Services said in a report Monday.

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