Central Banking

Klein: no medium-term economic effects of violence

Bank of Israel Governor David Klein said in an interview with the "Quarterly Journal of Central Banking", that there would be no major economic repercussions from the recent violence that has broken out in the West Bank.

"The economic implications depend on the nature of the 'suspension'", he said. "I assume that the peace process is irreversible in one way or another, and, therefore, the medium term repercussions for the Israeli economy of these recent events will not be material. This means

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