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Labor federation chief: PM’s aid package will not solve crisis

Histadrut labor federation chief Arnon Bar-David says Prime Minister Benjamin Netanyahu’s announcement of an NIS 10 billion aid package to support the economy is insufficient.

“His proposal contains no solution to save the economy,” Bar-David says. “Giving loans does not truly provide a solution to businesses that are now collapsing. The financial system needs oxygen, not talk of oxygen.”

He calls to form an immediate round-table platform for discussion that will include the government, labor federation and employers.

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