Report
Research Team

Israel Daily Coverage 09.07.2018

• Discount Bank says interested in acquiring control over smaller Dexia
• Enlight to start construction of wind farm after securing financing
• Economy to grow by 3.5% this year – consensus forecast
• Governor implies monetary tightening start might not be so close
• Tourist arrivals growth eases markedly to 2.0% y/y in June
• BoI revises up growth forecast to 3.7% in 2018, keeps 2019's at 3.5%
• BoI keeps policy rate at 0.10%, as expected
• Budget deficit edges down y/y in June
• IAI wins tender to supply Finland with military missiles worth EUR 162mn
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