Business and Economy
Committee head MK Yifat Shasha-Biton “fell into a trap set by the opposition,” says coalition chairman Miki Zohar • Israeli Restaurants Association CEO: “Shasha-Biton voted according to her conscience.”
Private individuals drawing annual salaries in excess of $186,000 and civil servants making more than $8,700 a month are no longer eligible for the cash grants.
The agreement, reached with Cyprus, Greece and Italy, reportedly will see the 1,200-mile pipeline built by 2025.
Committee urges the government not to close beaches, restaurants, gyms • Deputy Health Minister: Proposed restrictions were designed to prevent full shutdown.
The plan calls for giving budgetary support to companies that engage in sustainability and other environmentally friendly activities.
Miki Zohar, who also heads Prime Minister Benjamin Netanyahu’s Likud faction of the Knesset, rails against the health hazard posed by the demonstrations in view of renewed coronavirus restrictions.
“We need to get the economy moving,” insists Israeli Prime Minister Benjamin Netanyahu • Opponents argue that funds should be distributed only to those in need.
Like most countries around the world, Israel has experienced economic hardships exacerbated by the coronavirus pandemic, with many reporting being hungry and unable to afford food.
“The Israeli-Greek military bond continues to grow stronger,” the IDF says of the meeting between Hellenic National Defense General Staff Chief Konstantinos Floros and Lt. Gen. Aviv Kochavi.
In a fraught meeting of top officials, Israeli Health Minister Yuli Edelstein says that unless the country’s COVID-19 numbers change within three days, a full shutdown is on the way.
The rescue plan is “comprehensive” and “unprecedented,” but there are still “holes in the net,” says Israeli Prime Minister Benjamin Netanyahu.
The pandemic has led to the country’s biggest economic downturn in 20 years and drastically cut state revenues
