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Source: http://www.ynetnews.com/articles/0,7340,L-4405854,00.html
Israel Will Work to Block EU Move
(Ynet News) Moran Azulay - A source in the Foreign Ministry said, "Netanyahu will demand clarifications from (EU foreign policy chief Catherine) Ashton and will work to block the move." Finance Minister Yair Lapid said: "This decision signals to the Palestinians that there is no economic or international price to be paid for their continued refusal to resume negotiations; it leads them to believe that Israel will succumb to international and economic pressure." Lapid intends to "appeal to our friends in the European Union and explain to them that their decision damages the very end they are attempting to achieve, as it pushes peace farther away instead of bringing it closer."