The "grace period" of one hundred days has been completed. In its first quarter in office, Professor Stanley Fischer, eighth Governor of the Central Bank of Israel, won the overwhelming consensus.
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Politically, Fischer has focused in particular on law governing the Central Bank . This move has received the support of the Prime Minister, Ariel Sharon, former Finance Minister Benjamin Netanyahu, and his successor, Ehud Olmert, unlike what happened in the last twenty years, during such as Prime Ministers and Ministers of Finance hindered the adoption of new rules. The Ministry of Finance, some believe that the Central Bank should follow its directives, but in the circles close to the Prime Minister recognizes the need to preserve the total independence of the Central Bank .
TAKEN FROM [...] ISRAELE.NET - FULL ARTICLE AT: http://www.israele.net/economy.php?id=914
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