Israel

Central bank on the rampage

According to this article on the Bank of Israel, corruption, concealment and deception have permeated an institution that is supposed to serve as a beacon of justice and ethics.

France must speed reforms - Trichet

European Central Bank president Jean-Claude Trichet said in an interview published Tuesday 11 April that France has been too slow to implement reforms to make its economy more flexible.

Palestian transfers can continue - Fischer

The governor of the Bank of Israel, Stanley Fischer, has said Israel can still have economic ties with the Palestinians after Hamas takes over, provided the Islamic militants do not resume attacks on Israel.

Israeli CB deputies to go

The two deputy governors of the Bank of Israel, Meir Sokoler and Avia Spivak, will retire from the central bank at the end of the month. The governor of the Bank of Israel, Stanley Fischer, informed the Israeli Minister of Finance of the move earlier…

Third Euro-Mediterranean central bank seminar

The third Euro-Mediterranean seminar, which brings together Eurosystem and non-euro area Mediterranean central banks, was jointly organised by the Bank of Greece and the European Central Bank and held in Nafplion on 25 January.

Bank of Israel's Stanley Fischer visits Riksbank

On Monday 17 October, the governor of the Bank of Israel, Stanley Fischer, will visit the Riksbank. Mr Fischer has previously held the position of First Deputy Managing Director of the International Monetary Fund, IMF.

New Bank of Israel law agreed

The Israeli government has agreed to the wording of a new Bank of Israel Law that would transfer responsibility for setting interest rates from the central bank governor alone to a monetary committee.

Israel's Fischer on capital market reforms

In the speech 'Capital market reforms in Israel' given on 5 July, Stanley Fischer of the Bank of Israel said the stability of the banking system will not be affected by the separation of the provident funds and mutual funds from the banks.

Bank of Israel - Annual Report 2004

The Bank of Israel has published its Annual Report for the year ended 2004. In 2004 the long-term strategy of Israel's macroeconomic policy - intended to place the economy firmly on the path towards the realization of its growth potential - moved forward…

Israel's Fischer on economic stabilisation program

In a speech on 'The economic stabilisation program and its effect on the Israeli economy today' given on 30 June, Stanley Fischer of the Bank of Israel said the new law that we in the Bank of Israel propose clearly defines the independence required for a…

Fischer on Israel's economy and challenges ahead

In the speech 'A brief look at Israel's economy and the challenges ahead' given on 1 May, Stanley Fischer of the Bank of Israel said the right economic policy is essential for the economy's ability to grow rapidly. There are, however, other factors…

Israel's Sokoler on a new central bank law

In the speech 'The time has come for a new Bank of Israel law' given on 17 March, Meir Sokoler of the Bank of Israel said with regard to a monetary council, the Bank of Israel is in favour of the establishment of such a body that would make decisions on…

Sleepy Hollow's central bank

This article published on Monday 14 March looks at the situation surrounding the appointment of Stanley Fischer as governor of the Bank of Israel. There is contradictory information in Jerusalem on when exactly Fischer will arrive in Israel, it says, and…

Bank of Israel promotes 20 percent of staff

A press report said this week that Bank of Israel governor David Klein has decided to promote 20 per cent of the central bank's staff, with salary increases of between 10 and 15 per cent. Haaretz said the move was made without consulting the workers…

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