Flug takes up Fischer's mantle on Israeli economy


Karnit Flug, the new governor of the Bank of Israel, has called for the establishment of a financial stability committee to shore up the stability of the Israeli financial system – and re-iterated some of the main themes of her predecessor, Stanley Fischer.

Flug – who Fischer endorsed as his successor before the Israeli government embarked on a fruitless search for an alternative this summer – used her inauguration speech to highlight the need for greater participation in the labour force among

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