PM, Frenkel meet to discuss emergency economy plan

The likelihood of Israel's Finance Minister Silvan Shalom leaving the Treasury has risen after Prime Minister Ariel Sharon summoned former Bank of Israel governor Jacob Frenkel, chairman of Merill Lynch International, for a three-hour discussion on the Treasury's multi-billion shekel emergency economic plan.

Frenkel has been named as one of the possible replacements for Shalom, the Jerusalem Post reported. Senior government sources claim Sharon is unhappy with Shalom, and is searching for a re

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