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Maya Margit 12/29/2020 In interview with The Media Line, ratings director says firm will be ‘closely monitoring’ upcoming election; economic analysts warn of challenges caused by political instability Israel’s rating could be affected by the results of its upcoming election, global ratings firm S&P has cautioned. In an email interview with The Media Line, Maxim Rybnikov, director of S&P’s Europe, Middle East and Africa sovereign ratings team, said that the agency would be “closely monitoring the situation in the run-up to and aftermath of the planned general election, assessing the potential impact on our ratings. In our view, an inconclusive election outcome could present a fiscal risk in a scenario where agreeing on budget consolidation measures proves difficult or multiple spending promises become a precondition to forming a new government, leading to continued accumulation in government debt after 2021, in contrast to our current expectation that public debt woul

Tel avivBinyamin netanyahuBenny gantzMaxim rybnikovZvi ecksteinAlex cukiermanKaren vartapetovIsrael monetary policy committeeAaron institute for economicInterdisciplinary center herzliyaEconomic policy researchTel aviv universityTiomkin school of economicsMedia lineMiddle eastTiomkin school