BoI Governor Fischer mulls long weekend proposal

April 7, 2011 14:21

The long weekend proposal by Minister of Negev and Galilee Development Silvan Shalom, which Globes was the first to report, may be gaining momentum. Hebrew daily Yediot Ahronot reported that Bank of Israel Governor Prof. Stanley Fischer supports it.

Shalom proposed that Israelis work Friday mornings in exchange for taking Sunday off, as per practice in most of the world. He proposes that the Friday workday end at 1 pm during winter and 2 pm during Daylight Savings Time. He claims that the long weekend will boost productivity and improve efficiency through better coordination with the world.

Yediot Ahronot said that Fischer supports the proposal in principle, and that he is monitoring the issue. The Bank of Israel said, "Governor Fischer has not yet reached his decision on the matter."

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