Bloomberg News

Steinitz Says Barak Proposal May Lead to Economic Deterioration

November 01, 2011

Nov. 1 (Bloomberg) -- Israeli Finance Minister Yuval Steinitz said Defense Minister Ehud Barak’s proposal to boost defense spending, bringing government expenditure beyond the planned limits, is “populistic” and may lead to a deterioration in the economy and mass unemployment. Steinitz made in the comment in an e-mailed statement today.

To contact the reporter on this story: Alisa Odenheimer in Jerusalem at aodenheimer@bloomberg.net

To contact the editor responsible for this story: Susan Lerner at slerner2@bloomberg.net


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus