consul and chief

Europe Bonds With Israel

03/24/2010

All that glitters, according to European investors, at least, isn’t Gold ... stone.

On the very day the European Parliament endorsed the Goldstone report accusing Israel and Hamas of war crimes during the 2008-2009 Gaza war, European money managers were rushing to buy a nearly $2 million Israeli bond issue.

“These people are professionals and all of them were impressed with our economy,” said Zvi Chalamish, Israel’s consul and chief fiscal officer for the Ministry of Finance here.

Ministry of Finance official Zvi Chalamish: Israel’s economy “excellent.”
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