Bank of Israel

Israeli Economic Engine Now Seen Humming Along

Economy on strong footing as recovery gains steam.

02/03/2010
Staff Writer

Tel Aviv — A year ago if you were a star lawyer looking for a position with an Israeli firm, chances are it would have been a waste of time. As the U.S. economy swayed in financial crisis, companies stopped hiring.

But over the last few months that’s changed.

Bank of Israel Governor Stanley Fischer, left, and Doninique Strauss-Kahn, managing director of the IMF
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