BREAKING NEWS

Amid coalition speculation, Steinitz praises Lapid, Bennett

JANUARY 28, 2013 15:12

Finance Minister Yuval Steinitz on Sunday night praised the leaders of two rival political parties--Yesh Atid's Yair Lapid and Bayit Yehidu's Naftali Bennett--for their economic credentials, as speculation swirled as to whom Prime Minister Binyamin Netanyahu would ally with in the next government.

"The results of the elections in Israel are reasonable from an economic perspective," Steinitz said at an Israel Bonds fundraising meeting in Florida. "It seems that Lapid and Bennett support rational economic policy, setting economic growth atop their priorities, and not calling for imposing excessive taxes."

In a jibe at Labor leader Shelly Yacimovich, whose economic policy he continuously derided throughout the campaign, Steinitz specifically praised Lapid and Bennet for "not engaging in economic populism."

The fundraising meeting broke records for a single night, raising $230 million, almost 30% of the total annual funding of $800m.

"The impressive amount raised again demonstrates the resilience of the Israeli economy and the strength of the North American Jewish community's connection to the state of Israel," Steinitz said.

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