Olmert ends Bank of Israel's wage dispute

Ehud Olmert, the prime minister of Israel, managed to push through a new wage agreement for the Bank of Israel before relinquishing the finance ministry role he has held in a temporary capacity.

Under the agreement brokered the 68 high-level new employees of the central bank - known as the "second generation" workers - will be paid about NIS 32,000 ($7,600) a month gross, in contradiction to the wishes of the wages director at the finance ministry, Eli Cohen.

The wage dispute has been going on

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