Palestian transfers can continue - Fischer

The governor of the Bank of Israel, Stanley Fischer, has said Israell can still have economic ties with the Palestinians after Hamas takes over, provided the Islamic militants do not resume attacks on Israel.

Fischer, who is a former deputy managing director of the International Monetary Fund, said formation of a Hamas government would not necessarily mean a return to violence, adding that the group has largely honored a cease-fire over the past year. If the situation remains calm, he said

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