Israel's controversial judicial reforms will likely cause only marginal near-term harm to some aspects of the country's investment attractiveness. Still, deeper economic problems will manifest over time if the government continues to enact far-right policies. Israel's central bank chief Amir Yaron and the Finance Ministry's chief economist Shira Greenberg reportedly told ministers on Feb. 23 that the government's push to overhaul the country's judicial system could quickly trigger an economic crisis. According to comments cited by The Times of Israel, Greenberg specifically said the reforms could create a ''snowball effect'' by being ''perceived by the market as damaging the strength and independence of state institutions and increas[ing] uncertainty in the investment environment.