CEO of the stock exchange, Itai Ben Ze'ev: Moody's report is a wake-up call to the Israeli government

The CEO of the stock exchange, Itai Ben Ze'ev, referred to the unusual report for investors issued by the rating agency Moody's, and said that "the Moody's report released yesterday is a wake-up call to the Israeli government that if it does not come to its senses soon, there will be an England-style financial crisis here.
"Moody's is an objective and neutral international body that bluntly says that although our economy is strong, we as a country are on a slippery slope that will eventually cause significant economic damage to all citizens of the State of Israel.
"This is a reflection of Israel's economy in the eyes of the world, we must not ignore it. That is why we appeal to the Prime Minister and the Minister of Finance - talk to Moody's and the other international rating companies and do what is necessary to prevent a downgrade that would be destructive to everything that has been built here with great effort and talent for years A lot," said Ben Ze'ev, adding that "no plan to strengthen the Israeli economy will help, if the rating goes down. If there is no change soon - unfortunately we will get there with all that implies."