Daily Israel Report
15:46
Reported

News Brief

  10/18/2013, Cheshvan 14, 5774

Netanyahu and Lapid to Discuss New Bank Governor


Prime Minister Binyamin Netanyahu is expected to meet with Treasurer Yair Lapid, this weekend, to discuss the appointment of a governor for the Bank of Israel to succeed Stanley Fischer, who stepped down at the end of June. An announcement is expected on Sunday.

The commission on senior civil-service appointments recently approved the candidacy of the three finalists for the job: former deputy governor Zvi Eckstein; Chief Executive Officer Victor Medina of Bank Mizrahi, former CEO of the Bank of Israel; and Professor Mario Blejer, who headed Argentina's central bank. A number of nominees backed down from the nomination, following adverse publicity. Doctor Karnit Flug, a former deputy governor, has been Acting Governor since Professor Fischer's retirement but it was made clear at the beginning of the search that she would not receive the permanent post due to philosophical differences with Netanyahu.