have sparked fears in the high-tech and financial sectors that foreign investors will be scared off in a blow to growth prospects.
Writing recently in the top-selling Yediot Aharonot newspaper, former governors Karnit Flug and Jacob Frenkel acknowledged the situation “is still far from that of countries like Hungary and Poland, and its situation is immeasurably better than that of Turkey”. High-tech workers have taken part in the protests, saying the industry will suffer if foreign firms lose confidence in the legal system and democratic principles.
“Everything we have built over the past 20 to 30 years is collapsing,” added Mr Salee, who has taken part in the protests as one of the leaders of the high-tech sector.
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