Central bank policymaker quits to fight Israel's judicial overhaul

A member of the Bank of Israel's Monetary Committee has quit in order to fight the new right-wing government's contested plan to overhaul the judiciary, Ynet's sister outlet Calcalist reported on Monday.
The proposed reforms, which Prime Minister Benjamin Netanyahu casts as reining in Supreme Court overreach but critics fear will undermine democracy, have sparked a stormy debate, with weekly protests spreading across Israel.
"I feel that I cannot sit and discuss whether to raise the interest rate by a quarter of a percent or half a percent while Israeli democracy is in danger," Moshe Hazan, a Tel Aviv University economics professor, told Calcalist.
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