Israel

Israel's Fischer says 5% growth rate needed

Bank of Israel governor Stanley Fischer told the Finance Committee Tuesday 26 September economic growth must keep a pace of least five percent per year for 10 years for Israel to reduce poverty significantly in the long- term.

Central banker of the year announced

Several publications announced awards for the world's central bankers this week, including a Euromoney award for Lebanon' s central bank governor Riad Salameh for his management of the crisis during Israel's recent onslaught.

Israel's Fischer: conflict costing economy

Israel's conflict with Hizbollah is costing the economy up to 1 billion shekels a week and will push up the budget deficit by 0.6 percent this year, Bank of Israel governor Stanley Fischer said on Wednesday 3 August.

Israel's Fischer says fighting damages economy

The conflict between Israel and Hizbollah has had a "considerable" negative impact on Israel's economy but financial markets are expressing confidence it will bounce back, Bank of Israel Governor Stanley Fischer told CNBC television on Tuesday 25 July.

Lebanon's Salameh says currency 'stable'

Lebanon's currency is stable and its banks' reserves remain liquid despite the ongoing Israeli bombing campaign, the central bank governor said in an interview with Britain's Financial Times newspaper published Monday 24 July.

Israel's Fischer on The Paris Club at Fifty

In the speech 'The Paris Club at Fifty' given on 14 June Stanley Fischer of the Bank of Israel said the Paris Club has become concerned that countries that have received debt relief are borrowing heavily from other official lenders, who are not members…

BOI tops public servant 'fat cat' list

This article from The Jerusalem Post, published Tuesday 13 June, quotes a report from the Wage Supervisor's Office 2004 annual report as saying that senior Bank of Israel staff accounted for the top 14 most highly paid public servants.

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.

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