Simon Smelt

EIS: Israel's Stock Market and Its Emerging Diversification

Israel also has a smart central banker - Stan Fisher - who made Israeli commercial banks tighten up on their lending practices 2 years ago. Nationally the country is heavily in debt but the government is in reasonable shape due to the efforts of Netanyahu when Finance Minister. With Mr N about to become PM, looks like a strong economics team.

Israel's exports are tech heavy which makes it a citizen of the world not Europe. FDI predominantly comes from the U.S. so that may be a weakness.