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      Free Daily Israel Report
      Archive: 8/8/2011
      16:44
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      News Brief

        8/8/2011, Av 8, 5771

      Israel's Credit Rating Remains an A


      Israel's credit rating remains unchanged, after a periodic evaluation by ratings agency Standard and Poors. Israel's rating remains an A, with a stable outlook, S&P said Monday.

      There had been fears in Israel that S&P could downgrade Israel's credit rating in light of the lowering of the credit rating of the U.S., from AAA to AA+. Finance Minister Yuval Steinitz held an emergency meeting at his home Saturday night to discuss the possibility of a downgrade.