EU, Israel hold first economic dialogue

By NADAV SHEMER
January 24, 2012 15:11
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

A joint European Union-Israeli committee on economic matters held its first meeting Tuesday in Jerusalem, where the two sides discussed the short- and medium-term future of the euro zone.

This was the committee’s first meeting since its formation under the EU-Israel Association Agreement. The EU delegation was led by its chief diplomat in Israel, Andrew Standley, and included officials from the European Commission, European External Action Service and European Central Bank. Acting Finance Ministry director-general Doron Cohen led the Israeli team, which included representatives from the National Economic Council and Central Bureau of Statistics.

Discussion revolved around the challenges facing both the European and Israeli economies in the coming year. The European officials made a presentation on policy responses to the ongoing sovereign debt crisis, including the adoption of fiscal consolidation packages by most euro zone countries. The Israeli representatives presented on the upcoming fiscal challenges, and on the recommendations made by the government-appointed Trajtenberg and Economic Competitiveness committees.

Both parties welcomed the recently formed cooperation between Eurostat and its Israeli counterpart, the Central Bureau of Statistics, and agreed to support an extension of the two bodies’ current memorandum of understanding on the exchange of data beyond 2013. The next economic dialogue was set for early next year in Brussels.

Related Content

Breaking news
July 18, 2018
China cuts Air China's flight hours, launches safety review after incident

By REUTERS