Thursday, December 21, 2006

Fitch changes Israel's outlook to Positive


Fitch: Israel's net external creditor position, high per capita income exceed those of many higher-rated countries.

Source: Globes

External solvency indicators have continued to improve and strong inward and outward investment reflect Israel's growing integration with the world economy. Last but not least, Israel's public debt ratio has declined and over the time horizon of the rating Outlook should fall below its previous low in 2000."

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