-->Hi,

gefällt mir auch sehr, sehr gut:



The burgeoning budget deficit has led to a sharp rise in net
government borrowing, from only 1.4 billion shekels in 2000 to
22.1 billion shekels last year. As a result, the stock of public debt
rose to approximately 106% of GDP in 2002, from 91% in 2000.
Hence, we are not surprised to see a rising debt-financed fiscal
deficit to raise interest rates. This is exactly why fiscal tightening
would help to rebuild confidence and pave the way for economic
recovery. We continue to believe that there is no need to panic
about a debt crisis at this juncture; but, the budgetary erosion and
resulting rise in the borrowing requirement will likely continue to put
pressure on the domestic debt market and the currency, at least in
the short run.

Graus! (sic!)