Israel's Ministry of Finance Chief Economist met with EU delegation to discuss the strengthening of economic and financial cooperation.
The Chief Economist of the Ministry of Finance Yoel Naveh met with the EU Ambassador to Israel, H.E. Lars Faborg-Andersen and the Head of the EU Delegation for economic dialogue, Dr. Heliodoro Temprano, to conduct the 3rd meeting of the Sub-Committee on Economic and Financial Matters.
The Economic Dialogue was held at the Ministry of Finance with the participation of representatives of the EU Commission (D.G. Economic and Finance), the European Union CBS (Eurostat) and commercial attaches from the EU countries posted in Israel.
The meeting provided an opportunity for an in-depth economic dialogue, in which both sides exchanged information and views on recent macroeconomic developments and policy challenges facing both, Israel and the EU, as well as strategies for structural economic reform.
Several key areas of fiscal and monetary policy were on the agenda, along with a discussion on the economic situation in the Euro Zone, and the potential impacts of these developments in the EU economy and their impact on the Israeli economy. During the meeting, the European delegation presented the €315 billion Investment Plan which is to focus on the areas of infrastructure, notably broadband and energy networks, as well as transport infrastructure in industrial centers, education, research and innovation, and renewable energy and energy efficiency.
Chief Economist at the Ministry of Finance Yoel Naveh said: "The economic relationship between Israel and the EU is of great importance. A professional economic dialogue between the parties is essential to the business community in Europe and in Israel. Both sides' shared interest in strengthening economic ties and removing barriers in trade and services."
