BREAKING NEWS

Fischer: Israeli economy is a wonder and good example

"Apart from the budget deficit, the Israeli macro economy is a wonder and good example," outgoing Bank of Israel Governor Stanley Fischer said on Tuesday at a press conference.
Fischer said he believed his replacement, Yaakov Frenkel, will make an exceptional BoI governor. Fischer added he did not think the 2002 State Comptroller report on Frenkel should affect the appointment.