Archiv: Bank of Israel


08.07.2023 - 14:00 [ Haaretz ]

Netanyahu and Ben-Gvir‘s Tyranny Must Be Stopped

Because Israel has no constitution and lacks a tradition of respecting the law and fundamental democratic principles, it’s enough to replace a few key people – the attorney general, the governor of the Bank of Israel, the Supreme Court president, the police commissioner and of course the heads of the security services – to pave a fast lane to tyranny and internal repression.

So it’s obvious why Netanyahu, Ben-Gvir and their colleagues are working to replace a cadre of top officials in government agencies and making it clear that their replacements will be judged by only one criterion – their willingness to please the government and obey it without question.

20.06.2023 - 16:42 [ Noga Tarnopolsky נגה טרנופולסקי نوغا ترنوبولسكي / Nitter ]

Netanyahu‘s Heritage Minister Amichai Eliyahu: „The Bank of Israel governor is smearing the State of Israel and damaging the country‘s credit rating. He should be thrown down the stairs. This is a beast. Bureaucrats cannot oppose the government.“

(18.06.2023)

20.06.2023 - 16:20 [ Haaretz ]

Netanyahu Seeks to Recreate the Old ‚King Bibi‘ With Strategic Judicial Overhaul Counterattack

The Bibi-ist camp has launched a multifront counterattack after several weeks of restraint, regrouping and garnering strength. Amid optimistic reports about cracks and quarrels within the coalition, its members unleashed their bombardment: Prime Minister Benjamin Netanyahu announced the return of pursuing the justice system‘s legislative „reform;“ threats of execution were directed at protesting air force pilots and former PM Ehud Barak; Bank of Israel Governor Amir Yaron was also threatened and called as savage…

15.03.2023 - 11:38 [ Haaretz ]

Head of Israel’s Central Bank Warns ‘Hasty’ Judicial Coup Will Lead to Dangerous Brain Drain

Recent moves by the Israeli government to undermine the power of the courts could undermine investment and spark an exodus of educated Israelis, Bank of Israel Governor Amir Yaron warned on Wednesday. He further declared that it was “imperative” to maintain the independence of the judiciary.

08.02.2023 - 06:30 [ Times of Israel ]

Top Bank of Israel official quits, says he can’t remain ‘while democracy in danger’

(23 January 2023)

Hazan, a senior lecturer and an expert on macroeconomics and growth at Tel Aviv University, was a member of the bank’s six-person monetary committee which is tasked with setting the interest rate every six weeks. A replacement for him will be sought.

In Hazan’s letter of resignation, he cited his intent to “become involved in the sociopolitical sphere.”