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ISRAEL AT WAR - DAY 626
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Karnit Flug
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Interview
War costs put Israel’s public services at risk of collapse, says former central bank head
By
Sharon Wrobel
Without policy shift, social welfare won’t meet needs of population; quality of life and economic growth will be harmed, says Karnit Flug, ahead of this week’s IDI conference
May 27, 2025, 3:59 am
War costs put Israel’s public services at risk of collapse, says former central bank head
Without policy shift, social welfare won’t meet needs of population; quality of life and economic growth will be harmed, says Karnit Flug, ahead of this week’s IDI conference
By
Sharon Wrobel
August 26, 2024, 2:21 pm
Israel’s economy in grave danger as Gaza war drags on, economists warn
Experts say economy cannot survive much longer as fighting with Hamas has stalled tourism, forced small businesses to shut, slowed down shipping and raised deficit
By
Agencies
May 23, 2024, 4:45 pm
Israel’s economic response fails to address war needs, says former central bank head
Despite ‘basic resilience,’ the state has to take ‘tough’ steps, such as tax hikes, to start on a path of strong recovery, says Karnit Flug
By
Sharon Wrobel
August 4, 2023, 7:44 am
What Matters Now to former Bank of Israel governor Karnit Flug: The economy, stupid
Leading economist offers data on the current effects of the controversial judicial overhaul legislation and projections for more ripples as the high-tech industry begins to unravel
By
Amanda Borschel-Dan
February 6, 2023, 12:51 am
PM said to have sought support for judicial changes from ex-US Treasury head Summers
Netanyahu reportedly asked top economist to help calm business jitters, to no apparent avail; ex-Bank of Israel governor Flug says she hopes government heeds global warnings
By
ToI Staff
January 22, 2023, 10:49 pm
Ex-Bank of Israel chiefs warn judicial overhaul ‘could deal severe blow’ to economy
Jacob Frenkel, Karnit Flug say ‘strength of judicial system a central factor determining Israeli economy’s status in world’; dozens of companies plan strike Tuesday
By
ToI Staff
and
Sharon Wrobel
February 3, 2022, 9:10 pm
Israel could do more to curb price hikes long-term, says former central bank chief
State should open up food market for imports, encourage price transparency, and consumer can be more proactive, suggests Dr. Karnit Flug
By
Ricky Ben-David
November 3, 2021, 2:09 am
In Glasgow, environment minister urges groups to steer society to greener future
Green nonprofits included in official Israeli delegation to UN climate talks for first-time, alongside a business and industry delegation
By
Sue Surkes
June 29, 2021, 5:25 pm
Bank of Israel’s Yaron says fiscal restraint needed to curb debt
Tightening the belt will curb growth but at least will not lead Israel to ‘worlds of unreasonable debt,’ which could spur downgrade by ratings agencies
By
Shoshanna Solomon
March 18, 2021, 12:12 pm
As economy reawakens, fears of sluggish rebound for labor market linger
Ministry offers grants to encourage furloughed employees to return to work; former Bank of Israel head Karnit Flug warns that tackling unemployment is key to recovery
By
Shoshanna Solomon
May 27, 2020, 2:19 pm
Unemployment could be Achilles’ heel of Israel’s road to recovery – experts
New finance minister Katz must get people back to work as a first priority, with uncertainty about the coronavirus pandemic persisting and employers wary of the future
By
Shoshanna Solomon
April 5, 2020, 4:10 pm
Coronavirus crisis justifies more government spending, former bank governor says
Without a big economic package and increased spending, the effect of the pandemic on the economy will be ‘even more devastating’, IDI’s Karnit Flug says
By
Shoshanna Solomon
February 23, 2020, 5:08 pm
Israel’s ‘most vulnerable’ citizens hit by political stalemate
The lack of a 2020 state budget is causing fear and cutbacks at organizations, educational institutions and social services that help the country’s weakest, experts say
By
Alexandra Vardi
and
Ben Simon
September 1, 2019, 9:46 pm
Former Fed vice chair Stanley Fischer says Trump ‘doesn’t understand trade’
Speaking in Tel Aviv, Fischer says he is ‘very, very worried’; the US-China trade war ’causes a lot of damage to the world economy’
By
Shoshanna Solomon
November 18, 2018, 1:01 pm
Ministers confirm Amir Yaron as next Bank of Israel governor
Israeli-American economist thanks cabinet for ‘tremendous honor,’ hails predecessor Karnit Flug for ‘handing me a wonderfully managed institution’
By
ToI Staff
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