Tel Aviv Stock Exchange CEO Urges Broad Unity Government Post-Election
Translated & summarized from Arutz Sheva by baba
Itai Ben-Zeev, CEO of the Tel Aviv Stock Exchange, has called for a broad unity government following the recent elections. He warned that political disputes could jeopardize Israel's economic future and urged leaders to prioritize national responsibility over short-term gains. Ben-Zeev emphasized the need for stability, long-term economic policy, and investment in infrastructure and education to ensure continued growth and improved living standards.
The story in 5 lines · by baba
- Tel Aviv Stock Exchange CEO Itai Ben-Zeev urged leaders to form a broad unity government after the elections.
- Ben-Zeev warned Israel's economic future is at risk from political disputes.
- He stressed the need for national responsibility over short-term political gains.
- The CEO called for stable, long-term economic policy and investment.
- Ben-Zeev highlighted the importance of political stability for attracting investors.
Following the recent election results, Itai Ben-Zeev, CEO of the Tel Aviv Stock Exchange, is calling on party leaders to form a broad unity government based on cross-bloc consensus. Ben-Zeev emphasized that Israel's economic future cannot be held hostage by political disputes, stressing the need for stability and long-term investments.
In an open letter published Sunday, Ben-Zeev warned that continued political divisions could hinder the nation's economic potential. He stated that national responsibility should supersede short-term political considerations, arguing that a broad government doesn't require abandoning principles but recognizing that national tasks are larger than political differences.
Ben-Zeev highlighted the Israeli economy's resilience in recent years and the Tel Aviv Stock Exchange's strong performance globally. However, he stressed that sustained growth requires stable, long-term economic policy. He urged the incoming government to pass a responsible, growth-supporting budget, increase infrastructure investment, adapt education to future needs, and expand labor force participation.
He also called for expanding the Abraham Accords and opening new markets for Israeli companies. Ben-Zeev noted that political and economic stability is crucial for attracting investment, as investors seek certainty, consistent policy, and a clear economic horizon.
Concluding his letter, Ben-Zeev directly appealed to political leaders to find common ground and establish a government capable of pursuing an ambitious economic agenda, ensuring continued economic growth, and translating achievements into improved living standards for Israeli citizens.
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