Live Update 
From the Liveblog of
Thursday, February 23, 2023
From the Liveblog of
Thursday, February 23, 2023
Economy minister reportedly suggests overhaul compromise, citing warnings from tech figures
File - Prime Minister Benjamin Netanyahu (right), and Economy Minister Nir Barkat in the Knesset on February 22, 2023. (Yonatan Sindel/Flash90)
Economy Minister Nir Barkat reportedly relayed warnings he’s heard directly from figures in the tech industry of serious economic fallout and said the government should be willing to soften its plans for radically overhauling Israel’s judicial system, during a meeting today on the next state budget.
According to the Hebrew media reports, Barkat — a former tech entrepreneur and venture capitalist who is a member of the ruling Likud party — asked Bank of Israel Governor Amir Yaron and Shira Greenberg, the Treasury’s chief economist, if there’s anything to the economic warnings.
“A snowball [effect] may begin and severely damage the economy,” Greenberg is quoted as saying.
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