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August 4, 2015 / 19 Av, 5775
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Posts Tagged ‘Karnit Flug’

Bank of Israel Introduces New NIS 50 Note

Wednesday, September 10th, 2014

The Bank of Israel has introduced a new fifty shekel note bearing the likeness of Shaul Tchernikovsky, a Russian-born Hebrew poet identified with nature poetry.

“It is unique in both its design and its security technology, which is among the most advanced in the world,” noted BOI Governor Dr. Karnit Flug.

The note was introduced at a joint news conference with Prime Minister Binyamin Netanyahu Wednesday morning.

“In order for this note to retain its value, we must guard both security and the economy,” Netanyahu said. “I very much appreciate your seriousness and professionalism and that of the Bank of Israel staff, in maintaining the stability of the Israeli economy. This is one of our two missions.

“We must increase the security budget due to Operation Protective Edge, and guard the economy, and these items meet in the deficit which we can control and which not topple us,” Netanyahu went on. “This will be our policy and thus we will act, together.”

Ex-Teva CEO Jeremy Levin Says He Is Staying in Israel – for Now

Wednesday, November 20th, 2013

Jeremy Levin, who moved to Israel last year to take over the helm at Teva Pharmaceuticals only to be fired last month, say he loves Israel and is staying here, at least for the time being.

Unlike Stanley Fischer, who made aliya to take over the post of Governor of the Bank of Israel and then packed up and left earlier this year, Levin is a lot more outgoing an expresses himself on a more personal level.

“I intend to devote my time in the short term to get to know Israel and Israelis, and to see everything that this country has to offer,” Levin told graduates in the masters program for business administration at Tel Aviv University Tuesday.

“There is special warmth and love in Israel, and I’m proud to be an Israeli,” he added. “Follow your hearts, dream big, learn from mistakes and appreciate the loss in order to learn from it.”

He also said he looking for work.

“As for myself, I immigrated and I’m now unemployed, so if you have some interesting offers…,” Levin told the graduates.

Levine expressed the same views as  Fischer and his successor Karnit Flug that Israel needs to “educate all sectors of society and include all the nations: Christians, Jews, Muslims, groups such as the Haredim, the Druze, everyone. Everyone should be an important contribution to the economy.

Karnit Flug Named as Governor of Bank of Israel

Sunday, October 20th, 2013

PM Netanyahu and Finance Minister Lapid announced that acting Bank of Israel Governor Karnit Flug will be appointed as the next governor.

Flug will be the Bank of Israel’s first female governor.

Flug was not Netanyahu’s first choice to replace Stanley Fischer, but his other choices were either disqualified, or backed out before they become political targets by those trying to influence the selection process.

On the other had, Flug was Fischer’s preferred choice for the position.

Search On Again For Bank of Israel Governor

Friday, August 2nd, 2013

Professor Leo Leiderman withdrew his candidacy for governor of the Bank of Israel, just two days before his election was to be announced.

Leiderman’s withdrawal comes just days after Yaakov Frankel withdrew his candidacy, after an old scandal involving a duty free in Hong Kong resurfaced.

PM Netanyahu and FM Lapid stated their regret with Leiderman’s decision.

Opposition MK Yechimovitch said that Lapid and Netanyahu need to go to the home of the former deputy governor Karnit Flug, and ask forgiveness from her, for not hiring her as the next bank governor. Flug quit 2 days ago, after she learned of Leiderman’s appointment.

Printed from: http://www.jewishpress.com/news/breaking-news/search-on-again-for-bank-of-israel-governor/2013/08/02/

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