Israel sees no progress on central bank reform

ISRAEL - The Bank of Israel said Thursday that no significant progress had been made in reaching a compromise on the Finance Ministry's plan to amend the law governing the central bank.

The statement comes just three days before the controversial legislation, which is widely seen as reining in the central bank's independence, goes to parliament. On Tuesday, the ministerial legislative committee approved the Finance Ministry proposals with minor changes but urged the sides to hammer out an agre

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