ISRAEL AT WAR - DAY 60

search

Senior business officials said to warn Nides about impact of judicial overhaul on economy

US Ambassador to Israel Tom Nides speaks at an event organized by Tel Aviv University's Coller School of Management on December 7, 2022. (Courtesy)
US Ambassador to Israel Tom Nides speaks at an event organized by Tel Aviv University's Coller School of Management on December 7, 2022. (Courtesy)

US Ambassador Tom Nides reportedly met recently with a range of senior business officials in Israel, most of whom warned him that the planned government overhaul of the judicial system is likely to harm Israel’s economy.

Channel 12 news reports that the meeting — which was arranged a while ago — included the CEOs of El Al, Bank Hapoalim, Checkpoint, Mobileye and many other prominent CEOs.

According to the report, only 2 out of the 15 business figures expressed to Nides that they were not concerned about the economic impact of such a move.

The other officials reportedly told the US ambassador that the government’s plan could harm Israel’s credit rating and reduce international investments, or even do further damage.

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: example@domain.com
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.