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The Globes 2013 Israel Real Estate Conference

 

The Globes Real Estate Summit will set the agenda for a national housing policy for Israel. A long-term national housing policy,
 which will stay in place even during changes in government, characterizes every Western country.
The time has come for Israel to have a clear and unequivocal national housing policy. Such a policy will include
 the establishment of a national authority for urban renewal and affordable housing, which will create a differential policy
 for a supply of new housing for an extended period, and will adjust the housing supply to the needs and demands
of the country's diverse population.
Israel also needs a structural reform in planning which can implemented beyond the slogan of the "balcony reform,
 with planning at the national level which will maintain strategic interests alongside specific planning
at the local level for municipalities and neighborhoods.
The Globes Real Estate Summit will present ways to solve Israel's housin shortage, such as granting property rights
on a national scale and a real options for affordable housing and urban renewal in poor neighborhoods.

Bank of Israel Governor Prof. Stanley Fischer, today (Tuesday, 2 April 2013), submitted the Bank of Israel 2012 Annual Report
 to Prime Minister Benjamin Netanyahu.

Bank of Israel Governor Fischer said: "I would like to present you with the Bank of Israel 2012 Annual Report,
 the last report that I will present to you. I did not manage to present you with one when you were Finance Minister
but since you became Prime Minister, this is the fifth report that I have presented to you.
 The report describes the not bad situation of the Israeli economy.
 There are things to fix but we still grew faster than almost all OECD countries."


READY FOR PASSOVER AND HOLY WEEK

 ACCORDING TO TOURISM MINISTRY ESTIMATES,

ABOUT 150,000 VISITORS ARE EXPECTED TO ARRIVE IN ISRAEL 

FOR THE PASSOVER AND EASTER PERIODS

 TOURISM MINISTER DR.UZI LANDAU CALLS ON ISRAELI CITIZENS TO TAKE ADVANTAGE OF THE PASSOVER HOLIDAY
AND TOUR THE COUNTRY: “WE ARE BLESSED WITH A COUNTRY FULL OF HISTORICAL SITES,
MAGNIFICENT NATURAL LANDSCAPES AND BEAUTY. THE PASSOVER HOLIDAY IS A WONDERFUL
 OPPORTUNITY TO TOUR THE COUNTRY, TO MARVEL AT ITS FEATURES AND TO FALL IN LOVE WITH IT ONCE AGAIN.”














President Peres to Stanley Fischer:

"These were impressive years for Israel's economy and I'm grateful for the opportunity to thank Stanley Fischer on behalf of the State of Israel"

 Stanley Fisher to President Peres:

"There is much talk today about the middle class but it is no less important to talk about the poor in society"

"The belief you find in others, I find in you"

TOURISM MINISTRY RECEIVES 32 GRANT REQUESTS FOR HOTEL CONSTRUCTION
 AND EXPANSION (3000 HOTEL ROOMS) WITH AN OVERALL INVESTMENT

OF MORE THAN NIS2.5 BILLION


Tourism Ministry Director-General Noaz Bar Nir: “An increase in the supply of hotel rooms will directly contribute to reducing the cost of vacationing in Israel, in line with the reforms spearheaded by the Tourism Ministry in order to increase incoming tourism. The Tourism Ministry is making significant efforts to encourage the construction of new hotels within the framework of the Law to Encourage Capital Investment and investors are expressing their confidence in the expected growth in this industry. Nonetheless, Israel’s unique position, including the geopolitical environs and the low return on hotel investment in Israel, obligates us to offer grants for assistance in hotel construction.”