As expected: Moody’s downgrades Israel’s credit rating outlook to stable
Moody’s Investors Service on Friday changed the outlook on Israel’s credit ratings to stable from positive and affirmed the A1 foreign-currency and local-currency senior unsecured and foreign-currency and local-currency long-term issuer ratings. “The change of outlook to stable from positive reflects a deterioration of Israel’s governance, as illustrated by the recent events around the government’s