S&P affirms Israel's A+ rating

Standard & Poor's Ratings Services affirmed its long- and short-term foreign currency sovereign credit ratings on the State of Israel at A+ with a stable outlook.

S&P stated that the affirmation "reflects our view of Israel's economic policy flexibility as a result of consistent growth and careful macroeconomic management. Despite a weak global economic environment and a temporary slowdown in 2012 and 2013," (Reuters)