The four weekly low fare flights began on December 6

The new route to Tel Aviv will depart from Stockholm airport

Ramzi Gabai chairman of the Israel Export and International Cooperation Institute: "Exporters to EU must act very cautiously"

The Austrian furniture and design chain will open open its first store in Israel on September 6, just before the Jewish New Year

The agreement will alliw more carriers from both countries to schedule flights on routes between Tel Aviv and Budapest. Each country will be allowed to run 15 scheduled round-trip flights each week, for a total of up to 30 flights a week

In the the Corruption Perceptions Index (CPI) Israel is listed at number 30, up from 32nd place in 2009

The international risk rating agency raised Israel's country risk rating by one grade from A4 to A3. Israel now boasts the same risk rating as the U.K., Italy and China

The airline will begin operating on June 1 two weekly commercial flights. The company operates a fleet of 38 Boeing airplanes