Wizz Air is the largest low-fare, low-cost airline in Central and Eastern Europe and operates a fleet of 36 Airbus A320 aircraftד

The EU is the most important aviation market for Israel, accounting for 57% of scheduled international air passenger movements

The four weekly low fare flights began on December 6

The new route to Tel Aviv will depart from Stockholm airport

Ramzi Gabai chairman of the Israel Export and International Cooperation Institute: "Exporters to EU must act very cautiously"

The Austrian furniture and design chain will open open its first store in Israel on September 6, just before the Jewish New Year

The agreement will alliw more carriers from both countries to schedule flights on routes between Tel Aviv and Budapest. Each country will be allowed to run 15 scheduled round-trip flights each week, for a total of up to 30 flights a week

In the the Corruption Perceptions Index (CPI) Israel is listed at number 30, up from 32nd place in 2009