[Ha'aretz] Moti Bassok - Israel has a very good chance of being voted into the Organization for Economic Cooperation and Development next week. Finance ministers of the 30 OECD countries are meeting next Tuesday and Wednesday in Paris and are expected to vote in favor of the proposal. If accepted, Israel will officially join a group of the most developed countries in the world. OECD membership is a stamp of quality for investment houses, foreign investors, international credit rating firms, economic organizations and companies. Raising capital, both by companies and the government, will cost less.
2007-05-10 01:00:00Full ArticleBACK Visit the Daily Alert Archive