Contrary to estimates: Fitch did not lower the credit rating, but did lower the forecast - voila! Of money. "The emergency government will probably disband as soon as the wood phase of the fighting is over and maybe even earlier" Fitch emphasizes the unstable political situation in Israel.
"Neither side has chosen to escalate the conflict into an all-out war, but this still remains possible and may include other regional militant groups and Iran" The company predicts an increase in debt in 2024 and 2025 to 65% and 67% of GDP, respectively.