Moody’s lowers Israeli credit rating, downgrades outlook from ‘stable’ to ‘negative’ – ToI
– warns ‘public finances are deteriorating,’ predicts ‘materially higher’ debt burden amid war in Gaza; says lowered outlook due to ‘risk of escalation’ with Hezbollah
Finance Minister Smotrich says Moody’s downgrade of Israel’s rating unreasonable, politicized – ToI
– says “the Israeli economy is strong by all measures.”
