S&P raises Israel's credit rating to A+
The Standard and Poor's agency raised Israel's credit rating from A- to A+. Last month, S&P downgraded the US's rating and caused crashes in the markets.
Bank of Israel governor Stanley Fischer welcomed the move. "The Israeli economy's good state is a result of the government's budget policy, the Bank of Israel's monitary policy and the business sector's success," he said. (Ynet)
