Fischer to travel to Europe

The first forum will be held in Spain, at which Fischer will give a presentation on the fiscal policies of Mediterranean countries.

By MATTHEW KRIEGER
March 26, 2007 10:41

 
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Bank of Israel Governor Stanley Fischer will leave on Tuesday to represent Israel at two international economic forums that are taking place in Europe this week. The first forum will be held in Spain, at which Fischer will give a presentation on the fiscal policies of Mediterranean countries to representatives of banks from France, Slovenia, Egypt, Morocco and Algeria. The forum is being coordinated by the Central Bank of Europe. The second forum, set to take place Italy, will be attended by the finance ministers of Italy, Germany and Turkey, former prime minister of France Laurent Fabius and former Bank of Israel governor Yaakov Frankel, as well as senior economists from the public and private sector. Fischer will present a lecture on the difference between the American Economic model and the European model. Separately, the Bank of Israel announced on Sunday that banks must prepare for the "full implementation" of Amendment Two to the Law of Equal Rights for the Disabled, which will require that the banks provide for the disabled to enter, move around, access and enjoy the full range of services offered by the banking system.

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