That is the second year Israel is ranked number 15. Norway is leading and zimbabwe is last on the list

The area in which Israel is least free is the size of government (5), a high marginal tax rate (5) and a high level of government spending (3)

The Israeli Ministry of Transport said last week that Israeli airlines are unlikely to have their safety rating lowered by the European Union

Warned Israeli airlines that it may consider to ban flights from Israel unless safety standards are improved at Ben Gurion Airport

The reason for the change in status is flight safety problems and oversight issues that have not yet been solved

Israel's ranking is the same as in the Doing Business 2008 report. Lags badly behind less developed countries in registering property

Israel is classified by the survey as “Moderately Free” and is ranked three places lower than in 2006. According to the index the freest economy is Hong Kong

According to the World Bank "Doing Business in 2006: Creating Jobs" report, published last week, Israel ranked 29th among 155 countries for business friendliness. The World Bank’s ease-of-doing-business index ranks 155 economies worldwide