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October 2, 2012 8:20 pm

Early Israeli Elections Possible if No Budget Passed

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Israel Prime Minister Benjamin Netanyahu (left) with Israeli Defense Minister Ehud Barak (right). Photo: wiki commons.

JPost – Prime Minister Binyamin Netanyahu will initiate an election that is expected to be held between mid-January and mid-February if, as expected, agreements cannot be reached with Shas and other coalition partners that would enable the passage of the 2013 state budget, Netanyahu said in closed conversations Tuesday night.

Netanyahu met with Finance Minister Yuval Steinitz (Likud) and Shas leader Eli Yishai on Tuesday and will continue to hold consultations until the Knesset’s winter session begins on October 15, before making a final decision to give up on the budget and initiate an election.

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