Karnit Flug

Karnit Flug joins Israel Democracy Institute as VP of research

Flug has spent almost her entire career at the Bank of Israel, previously serving as deputy governor and director of the bank’s research department.

Karnit Flug
Karnit Flug

Dr. Karnit Flug to conclude term as Bank of Israel governor

Karnit Flug

Interest rate remains unchanged in Flug’s last committee meeting

Karnit Flug

Deja vu: Will the Flug farce be repeated?


New Israeli 50 shekel bill to go into circulation Tuesday

President Rivlin and Prime Minister Netanyahu are presented the new bill by Bank of Israel Governor Flug.

Israel's new NIS 50 bill‏

Grapevine: Changing numbers, changing notes

Rivlin chose not to celebrate his 75th birthday and instead congratulated the head of the Golani Brigade’s 12th “Barak" Battalion on his 36th birthday.

PRESIDENT REUVEN RIVLIN is on the ball.

August tax revenues jump despite Gaza operation

Shekel money bills

Lapid, Flug spar on 2015 budget, espouse differing understanding of deficits

Though they agreed the deficit could increase from the planned 2.5% to 3%, Lapid argued that higher deficits were preferable to further cuts and to tax increases.

Karnit Flug

Slomianksy warns Finance C'tee will not 'rubber stamp' budget

Labor MK Shaffir has accused Slomianksy of making back-room deals with Lapid, in exchange for supporting Lapid's signature 0 VAT policy.

Bayit Yehudi MK Nisan Slomiansky 370

Lapid’s VAT-exemption housing policy stumbles

Bill would have absolved some first-time home-buyers from paying 18% tax; Flug: Discount will go to construction companies, prices to stay neutral.

Finance Minister Yair Lapid

Bank of Israel outlines criteria for opening bank accounts online

Bank supervisor proposes consolidating and simplifying credit card fees for customers and businesses alike.

Bank of Israel 370

Labor market remains strong despite Bank of Israel warnings

Unemployment dropped .1 percentage points to 5.8%, while the labor participation rate remained at a record high of 64.2%.

unemployment 311

Say VAT?

The odds indisputably are that while Lapid’s quick-fix will markedly jack up housing demand, it won’t increase supply.

Yair Lapid

Basic checking account fee set at NIS 10 as Bank of Israel announces price supervision

The idea is to give a flat, affordable fee up front to banking customers.

Karnit Flug 370