S&P raises Israel's credit rating to A+ - Israel News, Ynetnews

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S&P raises Israel's credit rating to A+

Published: 09.09.11, 13:46 / Israel News

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)


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