Published On: Thu, Jul 23rd, 2015

EU rejects report: No plans to boycott Israeli banks

Stocks of Israeli financial institutes drop following report by European think tank recommending restrictions on Israeli banks.

israel eu i24news

 

The European Union is not planning to impose sanctions on Israeli banks, a senior EU official said Wednesday, hours after an EU think tank released a report recommending such a course of action.

“We have no intention of imposing restrictions on Israeli banks that do business in the settlements. This entire issue is complete nonsense. This issue has never been considered, ” the diplomat said.

The European Union agreed this week to push ahead with labeling Israeli goods made in settlements in the West Bank, a move that has alarmed the Israeli government…

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YNET.COM by Itamar Eichner

 

 

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