Netanyahu blows up at High Court gas deal ruling

27 March 2016, 7:40 pm

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The prime minister reacts to the High Court’s ruling against the gas deal, saying the “decision threatens the development of Israel’s gas reserves.

“Israel is regarded as a state with excessive judicial intervention, which makes it difficult to do business,” Netanyahu says in a statement.

“Surely nobody has anything to celebrate in the fact that the gas is likely to remain in the depths of the sea and that hundreds of billions of shekels won’t reach the citizens of Israel,” Netanyahu continues. “We will find other ways to overcome the great damage caused to the Israeli economy because of this shocking ruling.”