Israel is anticipating a downgrade in its credit rating, especially its settlers. The effect of a lower credit rating has led to the immediate effect of increasing borrowing costs for individuals and companies.
Standard & Poor's may lower Israel's rating if the war on the Gaza Strip expands to other fronts, a director said. The newspaper points out that the actual damage does not lie in waiting for the official credit rating to be lowered, as the repercussions have already begun to be felt in the form of increased interest rates and the resulting pressure on the settlers.