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Globes: Netanyahu: Gas brings economic strength and independence

Published on Aug 30 2012 // Business and Financial News, Economy

30 August 12 12:05–”Gas is an energy source that gives Israel a new economic horizon. It could give us both economic strength and economic independence,” said Prime Minister Benjamin Netanyahu when he accepted the Tzemach Committee report on natural gas policy yesterday. He added, “I think that it is important that we develop it wisely and responsibly. I intend to study the report and submit decisions that will give us future prosperity.”

Netanyahu went on to change the subject, “What the State of Israel needs now is a responsible budget. I remind you that in the face of global unrest, we succeeded in lowering the unemployment rate. Today it stands at 7.2%; it was higher. Today, it is higher in the US and in Europe. There it is 11% and there are countries in which 50% of young people are unemployed. I am not prepared for that to happen here. So that it does not happen here, the State of Israel needs a responsible budget.”…Read More>>

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