Moody's: Israeli recession is over, prospects are good

By TheMarker Correspondents and Agencies , By Moti Bassok and Tal Levy

Israel has high levels of economic, institutional and financial strength, and the country's recession now appears to be over, Moody's Investor Services said yesterday in its annual report on Israel.
The international rating agency left Israel's long-term government foreign currency bond rating at A1 with a stable outlook.

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