Steinitz: No country would aid ailing Israeli economy

Finance Minister Yuval Steinitz on Sunday said that Israel must be wary when it comes to fiscal policy.
"If, god forbid, the Israeli economy spirals to a situation similar to that currently faced by Spain, there will be no organization or country that will funnel 100 billion Euros as assistance," Steinitz said at the start of a cabinet meeting.
Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks. 
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