Olmert vows to cut investments beyond Green Line

Israel will significantly reduce its investments beyond the Green Line in the coming years, Acting Prime Minister Ehud Olmert vowed on Tuesday. According to Olmert, who addressed a conference in Jerusalem, the money will be invested in the Galilee, Negev and Jerusalem instead. "Israel, in the coming years, will carry out a giant step, a development that would change the face of the country. Our new investments in these regions will be unprecedented," Olmert said.