israel's economy

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An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013.

Israel stress test shows banks' stability not in danger

The stability of Israel’s banking system is not in danger in the event of a local macroeconomic shock such as a housing crisis, but banks nonetheless would be affected, the Bank of Israel said.


Liberating businesses from bureaucracy and high corporate tax

On average, corporations in Israel have to comply with 33 tax payments a year.

 Night falls over Beersheba’s city center, which is quickly becoming a hi-tech hub for Israel

Economy minister: Increase exports to the US

Israel was first country to sign a free trade agreement with the US – in 1985 – while the US was the second country to sign one with Israel, the European Union was first.

Israeli flag.

Economic Independence and Independence Day

Every new settlement established on the basis of agriculture or commerce, rather than dependent on donations from “Distribution Funds,” was a practical manifestation of economic independence.

Art by Avi Katz

Mightier than the dollar

The shekel continues to soar, but Israel’s economy remains strong, defying the doomsayers

Vicki Knafo (third from left) leads a march of handicapped and financially disadvantaged persons in

Handicapped and disadvantaged march for increased pensions

“I am here for the people who don’t have things to eat, who are outside in the winter. I am here to tell the government to give the people the minimum they need to live. The minimum!”

Credit card

IMF report stings Strum committee on credit card plan

The committee, which issued its final report in June, set out plans to spin off the country's two largest credit cards from its two biggest banks.

Israeli high-tech

Israeli high-tech exits reach $3.3b in first half of 2016

In the first half of the year, 45 high-tech companies completed exit deals averaging $74 million, somewhat higher than the $72 million average deal last year.

Moshe Kahlon

Kahlon, Flug strike deal on financial sector reform

Proposal would spin credit card companies out from biggest banks, allow them to become banks in their own right.

THE ITALIAN delegation poses for a photo with Italian Ambassador to Israel Francesco M. Talo (third

Italian and Israeli physicists confer at Bar-Ilan University

"Italy is Israel’s most important European partner in the field of science."

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