Sharon backs Klein and an independent Central Bank

ISRAEL - Prime Minister Ariel Sharon has published a statement on 9 July expressing support for maintaining the independence of the Bank of Israel and for Governor David Klein, Ha'aretz reports.

Sharon's backing had been in doubt because of his support for changes in a proposed overhaul of regulations governing the Bank of Israel.

Prime Minister Ariel Sharon's public statement of support for Bank of Israel Governor David Klein came in the face of media reports he was due to be replaced.

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