web analytics
March 6, 2015 / 15 Adar , 5775
At a Glance
News & Views
Sponsored Post


Dutch Christians Protest Pension Fund’s Boycott of Israel

Approximately 350 Dutch Christian activists demonstrated early Monday in front of the headquarters of PGGM, manager of the largest pension fund in Holland, to protest its recent decision to pull out its investments in five Israeli banks, the European Jewish Press reported (EJP).

PGGM said it got rid of shares in Bank HaPoalim, Bank Leumi, First International Bank of Israel, Israel Discount Bank and Mizrahi Tefahot Bank  because they are involved in financing in Judea and Samaria, or what it called “occupied Palestinian territories.’’

.The protesters, members of the Christian Foundation for Israel, held Israeli flags and banners reading ’’Stop the Boycott of Israel’’ while distributing pamphlets to the PGGM employees. They were accompanied by Holland’s Chief Rabbi Binyomin Jacobs, who denounced the fact that Israel is always singled out while PGGM ‘’should stop invest in many countries.’’

’We want PGGM to reconsider its decision,’’ Roger van Oordt, director of the Christian Foundation for Israel. ‘’

The pension group manages more than ($208 billion) in funds and has more than $150 million worth of investments in Israel.

PGGM’s move is the third high-profile divestment in Holland in recent months, according to EJP. In December, state-owned water company Vitens broke off its alliance with Israeli water group Mekorot, and earlier civil engineering group HaskoningDHV pulled out of a project to develop a waste water treatment plant in Jerusalem after the Dutch foreign ministry said it could conflict with international law.

Israeli Foreign Ministry spokesman Yigal Palmor said the divestment decision was a “sanctimonious move intended to pander to a certain nefarious trend in public opinion.”

Last week, the Foreign Ministry summoned the Dutch ambassador in Israel, Caspar Veldkamp, for a clarification on the PGGM decision to divest from Israel. ‘’This decision is unacceptable and relies on false pretense,’’ the Ministry’s Deputy Director General of the MFA for European Affairs, Raphael Schutz, told the Dutch Ambassador.

Dutch Foreign Minister Frans Timmermans declared last week that his country opposes a boycott of Israel.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Dutch Christians Protest Pension Fund’s Boycott of Israel”

Comments are closed.

Current Top Story
A snow storm with freezing rain struck the New York area, turning the roads and runways into skating rinks.
Delta Plane Crash, Snowstorm Paralyze LaGuardia Airport in NYC
Latest News Stories
A snow storm with freezing rain struck the New York area, turning the roads and runways into skating rinks.

A plane crash and snow storm all but paralyzed LaGuardia International Airport in New York on Thursday; one runway opened the airport by evening.

Actor Harrison Ford is in fair condition after crash-landing a private plane on a golf course in Venice, CA, Thursday afternoon.

A ZAKA team in action.

An abandoned Jewish soldier who died for Ukraine was rescued and given a proper Jewish burial by ZAKA. Their story.

PA/PLO Chairman Mahmoud Abbas addresses Central Committee convention in Ramallah.

The decision could lead to the collapse of the Palestinian Authority.

The race for nuclear power has begun in the Middle East in response to fears of an Iranian nuclear threat.

Israeli prime minister Benjamin Netanyahu at a Megillah reading, which tells the story of the Jewish festival of Purim, inside the Great Synagogue in Jerusalem on March 05, 2015. The festival of Purim commemorates the rescue of Jews from genocide in ancient Persia.

A hitchhiker pulled out a gun and stopped the attack.

Israel was the sixth-highest source for tourists to Germany in 2014.

Eshed said that a smart meter can run for as long as 10 years if it is equipped with this chipset.

US Amb to South Korea attacked at event in Seoul, slashed face and hand.

On Saturday, the French daily Le Figaro reported on Saturday, citing intelligence sources, that Khamenei would likely live only two more years.

COGAT chief hopes Hamas “would not steal water from civilians as they steal construction materials intended for the reconstruction of houses.”

Israel’s Channel 2 television network thought Herzog’s remarks constituted elections propaganda.

The house, which is made up of simple mortar and stone walls that was cut into a rocky hillside, was first discovered in the 1880s by nuns at the Sisters of Nazareth convent.

Ron Dermer responds to Netanyahu critics following Netanyahu’s speech.

Secy of State John Kerry updates media on the progress made in talks with Iran in Switzerland before leaving for the US; talks resume on March 15.

More Articles from Jewish Press News Briefs
PA/PLO Chairman Mahmoud Abbas addresses Central Committee convention in Ramallah.

The decision could lead to the collapse of the Palestinian Authority.

The house, which is made up of simple mortar and stone walls that was cut into a rocky hillside, was first discovered in the 1880s by nuns at the Sisters of Nazareth convent.

Ron Dermer responds to Netanyahu critics following Netanyahu’s speech.

When Hamas launches rockets at Tel Aviv, only 100,000 people will need to seek shelter, instead of 400,000.

Two Islamic holidays have officially been added to the New York City public school calendar, closing schools on those days starting next year.

Eli Yishai is starting to surge upward.

Eli Beer stunned the 16,500 AIPAC conference participants by arriving on stage with lights and sirens blaring on an ambucycle, a specially equipped motorcycle ambulance designed by United Hatzalah to speed up emergency response times.

The transcript of PM Netanyahu’s speech is available here. The speech begins at 6pm Israel Time / 11AM NY Time.

Printed from: http://www.jewishpress.com/news/breaking-news/dutch-christians-protest-pension-funds-boycott-of-israel/2014/01/14/

Scan this QR code to visit this page online: