Fischer, hospitalized briefly, to return to finish job

June 26, 2013 18:33
1 minute read.


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Just hours after giving his final public remarks as Bank of Israel Governor before his June 30th departure from the position, Stanley Fischer was taken to Sheba Hospital at Tel-Hashomer late Tuesday night for symptoms of dehydration.

After undergoing a series of examinations and receiving an infusion of fluids to treat dehydration, Fischer was released on Wednesday, and promised to return to work on Thursday.

"The Governor thanked the medical staff for their dedicated and professional treatment, and conveyed his thanks for the public's concern over his well-being," a Bank of Israel statement said.

Fischer, 69, served as the Bank of Israel Governor for eight years, and was widely hailed as a positive force for the Israeli economy, guiding it to prosperity through difficult times. On Sunday, Prime Minister Binyamin Netanyahu and Finance Minister Yair Lapid nominated former BOI Governor Jacob Frenkel, who served in the 1990s, to return to the position.

Frenkel has to be approved by President Shimon Peres on the recommendations of a committee, but his nomination could face challenges based on his previous two terms in the position.

Until a new governor is installed, Fischer's deputy Karnit Flug will serve as acting governor.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
September 18, 2018
Jerusalem Post closed for Yom Kippur