Moody’s to issue special report on Israel after first overhaul law passed

A sign for credit agency Moody's, on August 13, 2010, in New York. (AP/ Mark Lennihan)
A sign for credit agency Moody's, on August 13, 2010, in New York. (AP/ Mark Lennihan)

In an unusual move, Moody’s is expected to issue a report later today on Israel following the passage of the first bill in the coalition’s judicial overhaul, according to Hebrew media outlets.

Earlier this year, Moody’s downgraded Israel’s credit outlook to “stable,” citing concern about the legislation’s impact on the independence of the judiciary.

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