Gaza conflict to dent, **t break Israel eco**my
 

(Repeats to additional subscribers with ** changes in text) By Steven Scheer JERUSALEM, July 29 (Reuters) - Israel's war against Palestinian militants in the Gaza Strip is expected to cost it billions of dollars, temporarily hurt eco**mic growth and put pressure on the government's finances. Analysts and officials compare the current operation to a one-month war between Israel and Hizbollah guerrillas in Leba**n in the summer of 2006, as well as to conflicts in Gaza in 2009 and 2012, when the eco**my took a hit but bounced back quickly, except for tourism. The central bank reckons the fighting, provided it remains contained to Gaza, may k**ck at most half a percentage point of this year's eco**mic growth. "There will be a cost but **thing disastrous," said eco**mic and financial consultant Barry Topf, an adviser to former Bank of Israel Gover**r Stanley Fischer.

أكثر...