Israel’s economy is growing faster than projected, despite spurning Obama’s Keynsian spending spree idea:
Bank of Israel Forecasts 3.5% Growth Rate for 2010
The Bank of Israel issued a revised economic forecast for 2010 on Monday, raising its growth projection from 2.5% to 3.5%.
The bank said the recovery of the global economy has increased demand for Israeli exports, though it cautioned that it could scale back the forecast if the recovery slows.