It is very difficult to pursue a policy of economic reforms without dealing with this issue in a thorough and comprehensive manner. The proposals of the Bachar Committee offer a good solution to the problems of concentration afflicting Israel's capital market.
Crisis management by the EU has not been particularly effective in restoring market confidence. While swift and resolute action has been taken towards strengthening the EU’s financial architecture, the EU has clearly been running “behind the curve” in dealing with the sovereign debt crisis.