Lebanon faces more economic risks than Israel's military threats, says speaker – Xinhua

BEIRUT, Nov. 11 (Xinhua) – Lebanese Parliament Speaker Nabih Berri said on Sunday that the risk facing Lebanon is economic rather than military, with Israel not daring to attack Lebanon, the report said. NNA national news agency.

"Hezbollah, in addition to our national unity, will not allow Israel to launch aggression against Lebanon," Berri was quoted by the NNA as saying.

If the situation remains unchanged, we will go into a dangerous zone, he added, referring to the delay in forming the government.

The Lebanese president has repeatedly urged all political parties to compromise in order to reach a consensus on the formation of the government in the face of the deteriorating economic situation.

Lebanon's public debt reached $ 82.95 billion at the end of June, up from $ 76.5 billion a year ago, according to the weekly Byblos Bank.

Lebanon must undertake major reforms to reduce its public debt, including a redesign of the electricity sector which costs more than $ 2 billion a year.