Moody's language wasn't diplomatic, but it also wasn't as blunt as it could have been in saying what its economists really think about the government and its policies
In February, Moody's downgraded Israel's rating to A2. The change reflects not only the geopolitical escalation but also Moody's lack of confidence in the Israeli government's ability to manage fiscal consolidation and reduce debt
Some two weeks have passed Moody's announced that it was lowering Israel's credit rating from A1 (fifth highest) to A2 (sixth highest). The rating outlook was also lowered from "stable" to "negative". Now may be a time to assess what it could mean for how bonds issued by Israeli entities could be affected, as […]
In between a press conference on immigration and a meeting with the families of the abductees, this week we met with Finance Minister Bezalel Smotrich, a cabinet member and chair of the Religious Zionism party. Follow Israel Hayom on Facebook, Twitter, and Instagram It's clear that Smotrich is troubled by Moody's decision to downgrade […]
The shekel ILS = currency now stands at 3.66 per dollar versus 3.68 before the ratings action, in which Moody's kept its outlook at negative to imply a further cut.
Moody's downgraded Israel's credit rating because of one thing: uncertainty – and not only over the war in Gaza. Rather than listen, the government's response has been anger and empty assurances
Bank of Israel Governor Amir Yaron said on Sunday the country's economy was strong and would recover from the impact of the war, but called on the government to address issues raised by Moody's after the agency downgraded Israel's sovereign credit rating. Follow Israel Hayom on Facebook, Twitter, and Instagram "In order to strengthen […]
For the first time in the state's history, Israel's credit rating was downgraded to A2. Follow Israel Hayom on Facebook, Twitter, and Instagram The international credit rating agency Moody's announced Friday the downgrade of the State of Israel's credit rating to A2 level (or A under the terminology used by other agencies), from A1, […]
Moody's decision to not only lower Israel's credit rating, but to downgrade its credit outlook, has caught officials in Jerusalem by surprise. While it is still too early to determine the financial ramifications of the move, it represents a severe blow to Israel's international image
Accountant General Yali Rothenberg takes issue with Moody's credit rating cut, which did not take into account Israel's strong economic data, as the scale of the war is being reduced.