Finance Minister Yuval Steinitz attended a memorial ceremony Tuesday marking 38 years since the Ma'alot terror attack massacre, during which Palestinian terrorists killed 26 students and teachers at a school in the city.

"This was a despicable, atrocious and unbearable murder," Steinitz said at the ceremony where he laid a wreath. "Ma'alot suffered a horrible blow but the city recovered, led by Mayor Shlomo Buhbut, who was elected shortly after [the attack] and promoted and developed the city, which is today a thriving and promising city. I hope that there is some hope in that."

Families of the victims also took part in the memorial ceremony.

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