Complete EU boycott would cost Israel billions of dollars, great let’s do it

Uprootedpalestinians's Blog

Complete EU boycott would cost Israel billions of dollars, Finance Ministry warns – See more at: http://www.vtjp.org/boycott/#sthash.eJDqKU3c.dpuf

Study commissioned two years ago sees wide-ranging impact on Israel in the worst-case scenarios.

A complete boycott of Israel by the European Union would cause the country to lose some 88 billion shekels ($23.3 billion) of exports, cut 40.4 billion shekels from gross domestic product and cost some 36,500 jobs, the Finance Ministry said in a report obtained by TheMarker.

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