Karnit Flug picked as Bank of Israel Governor after long delay

Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid finally agreed Sunday to tap interim bank chief Karnit Flug, 58, to the top spot, after dickering for four months. She was chosen to fill the shoes of Stanley Fischer who retired at the end of June, over three other candidates:  economics professor Zvi Eckstein, former Argentine central banker Mario Blejer and former United Mizrachi Bank Chief Executive Victor Medina.

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