“IDF Radio" (Galei Zahal) reports that, OECD Secretary General Angel Gurria praised the Israeli economy and said that "we are following the rise in real estate prices. The steps taken by the Bank of Israel and the Israeli Government will be effective and will help moderate prices."
Regarding the possible candidacy of Governor of the Bank of Israel Stanley Fischer for the position of Head of the International Monetary Fund, Gurria said, "I have expressed my opinion many times -- it is crystal clear that Fischer is suitable for the position. I have nominated him in the past. Today he is not a candidate and it will remain as such unless he and the Government decide otherwise.
Speaking about peace in the region, Gurria said that, "It is clear that stability in the region will stimulate the Israeli economy."
Regarding the world economy Gurria said that unemployment is the most worrisome factor today and if it improves then our situation will seem much better.
Published by Globes [online], Israel business news - www.globes-online.com on May 29, 2011
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