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Tel Aviv stock exchange chief warns political deadlock threatens growth and urges a broad government

By ChordNews · First written

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Summary

As coalition talks look set to drag on, the head of the Tel Aviv Stock Exchange (TASE) warned that political instability carries an economic cost. He said investors need certainty, consistent policies and a clear economic outlook, and urged the formation of a broad government. The warning follows election results that pointed to a deadlock with no clear winner, which had already pushed Tel Aviv stocks lower and weighed on the shekel.

This continues an earlier story: Tel Aviv stocks fall and shekel slides as Israeli election results point to no clear winner

Timeline

  1. The Times of Israel

    Source ↗

    Reports that the head of TASE warns political deadlock threatens growth and urges a broad government, as coalition talks look set to drag on and investors need certainty, consistent policies and a clear economic outlook.

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