Herzog, Livni promise Trajtenberg Finance Ministry

Decision by joint Herzog-Livni camp to promise member of their own party the Finance Ministry portfolio may complicate post-election coalition negotiations.

December 31, 2014 13:31
1 minute read.
Isaac Herzog and Tzipi Livni

Labor Party chief Isaac Herzog (L) and Hatnua chair Tzipi Livni announce their political alliance in Tel Aviv . (photo credit: REUTERS)


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 experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • 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


Manuel Trajtenberg, best known for heading the committee on social change following the 2011 summer social justice protests, will run in the upcoming election with Isaac Herzog and Tzipi Livni’s Zionist camp as their finance ministry nominee.

“I’m glad you’ve decided to give me one of the most important roles,“ Trajtenberg told Herzog and Livni at a joint press conference in Tel Aviv.

Be the first to know - Join our Facebook page.

The decision to promise a member of their own party the Finance Ministry portfolio may complicate post-election coalition negotiations. Moshe Kahlon, whose Koolanu party is running solely on a socio-economic platform, has his eye on the portfolio as well.

Trajtenberg blamed successive governments for failing to carry out the recommendations his committee made, and fingered that failure as his reason for joining politics. When he agreed to head the committee, he said, he told himself that “If the government doesn’t do its part, I promise to ensure the job gets done.”

“In order for there to be a change, you must translate the slogan to clear steps,” he later added

At the conference, Herzog laid out three economic goals for his party: lowering the cost of housing, decreasing the cost of living, and addressing poverty and economic gaps. But he did not stop there.

“There is a direct connection between the welfare status of Israel and Israel’s diplomatic status,” he said.

Turning to the failed United Nations Security Council resolution to force Israel’s withdrawal from the West Bank within two years, which fell short of the nine votes it needed on Tuesday, Herzog said,  “The process that occurred yesterday is not a celebration for Israel but a problematic day for Israel.”

Important European allies such as France voted for the resolution, he noted, and Israel’s testy ties with the administration of US President Barack Obama did not help the problem. Livni compared the resolution’s failure to the Iron Dome system shooting down a Hamas rocket, a positive and necessary outcome, but not better than stopping rocket fire to begin with.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Gideon Sa'ar
March 24, 2015
Sa'ar says national unity government is 'still on the table'