[[{"content_id":"129354","domain_id":"0","lang_id":"en","portal_id":"2","owner_id":"29","user_id":"1","view_accesslevel_id":"0","edit_accesslevel_id":"0","delete_accesslevel_id":"0","editor_id":"0","content_title":"Israeli business leaders fear for Israel's economic future","content_number":"0","content_date_event":"2016-08-02 16:02:40","content_summary":"Heads of Israeli business organizations have warned Netanyahu that companies and well-educated people are leaving Israel","content_summary_fill":"0","content_body":"Heads of Israeli business organizations have warned their government that companies and well-educated people are leaving Israel, Israeli daily Globes admitted.\r\n\r\n\tShraga Brosh, president of the Manufacturers Association of Israel, Dov Amitai, president of the Israel Farmers Association, Yair Seroussi, president of the Association of Banks in Israel, and other business leaders, have written to Prime Minister Benjamin Netanyahu asking him to set annual growth targets for the Israeli economy and to redefine the conduct of economic and social policy.\r\n\r\n\tThe signatories to the letter contend that a lack of economic management represents a danger to Israel's economic and social future.\r\n\r\n\t"We appeal to you out of genuine concern for the social and economic future of the State of Israel, and in the belief that by combining forces we will be able to improve the future of the state's eight million citizens."\r\n\r\n\tAccording to the letter, the main causes of the present situation are "an increasing regulatory burden, extreme damage to private property rights, rising costs of doing business, and an unprecedented wave of privately sponsored legislation, without international parallel, that has turned the Israeli economy into one of the most difficult places in the world to run a business."\r\n\r\n\tThe letter further states: "In all branches of the private sector there is a growing trend of transferring business activity outside Israel. Even worse, because of the low level of disposable income in Israel in comparison with developed countries, economically strong and educated people are also choosing to transfer their place of residence outside Israel, and these trends pose dangers to Israel's economic and social future."","content_html":"

\r\n\tHeads of Israeli business organizations have warned their government that companies and well-educated people are leaving Israel, Israeli daily Globes admitted.<\/p>\r\n

\r\n\tShraga Brosh, president of the Manufacturers Association of Israel, Dov Amitai, president of the Israel Farmers Association, Yair Seroussi, president of the Association of Banks in Israel, and other business leaders, have written to Prime Minister Benjamin Netanyahu asking him to set annual growth targets for the Israeli economy and to redefine the conduct of economic and social policy.<\/p>\r\n

\r\n\tThe signatories to the letter contend that a lack of economic management represents a danger to Israel's economic and social future.<\/p>\r\n

\r\n\t"We appeal to you out of genuine concern for the social and economic future of the State of Israel, and in the belief that by combining forces we will be able to improve the future of the state's eight million citizens."<\/p>\r\n

\r\n\tAccording to the letter, the main causes of the present situation are "an increasing regulatory burden, extreme damage to private property rights, rising costs of doing business, and an unprecedented wave of privately sponsored legislation, without international parallel, that has turned the Israeli economy into one of the most difficult places in the world to run a business."<\/p>\r\n

\r\n\tThe letter further states: "In all branches of the private sector there is a growing trend of transferring business activity outside Israel. Even worse, because of the low level of disposable income in Israel in comparison with developed countries, economically strong and educated people are also choosing to transfer their place of residence outside Israel, and these trends pose dangers to Israel's economic and social future."<\/p>","content_source":null,"content_url":null,"content_columns":"0","content_date_start":"2016-08-02 16:02:40","content_date_finish":"2016-08-02 16:02:40","content_date_register":"2016-08-02 16:02:40","content_date_last_edit":"0000-00-00 00:00:00","content_show_img":"1","content_show_details":"1","content_show_related_img":"1","content_show_slider":"1","content_show_title_slider":"1","content_comment":"0","content_score":"0","content_recorded":"0","content_confirmed":"1","content_status":"1","content_kind":"0","old_id":"127609","tag_id":null,"tag_word":null,"tag_service":null,"tag_total":null,"tag_soundex":null,"attach_token":"1270839414","attach_date_register":"2016-08-02 16:02:43","attach_id":"135951","attach_file_ext":"jpg","attach_file_header":"image\/jpeg","attach_img_type":"2","attach_img_width":"433","attach_img_height":"295","attach_file_media":"1","attach_show_watermark":"0","score_average":null,"score_count":null,"score_date_last":null,"visit_count":"124","visit_date_last":"2025-05-12 20:26:41","attach_title":"Israeli business leaders fear for Israel's economic future","node_title":"news","ot_node_left_right":"[{\"node_id\":122, \"left\":2, \"right\":53}]"}]]