Finance Minister Yuval Steinitz on Tuesday condemned the lack of stability in the Israeli political system, hinting that he was against the prospect of early elections.

Speaking at a finance committee meeting, Steinitz said that "it looks like we're sliding towards early elections. This phenomenon, consistent with the last 25 years, can not be ignored. Elections are always early."

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"We need to ensure the future in a way that makes us more stable," he said, "either by changing the parliamentary system or by adopting a presidential system."

Steinitz added that he hopes the government will find a way to work out their disagreements, but stated that if they don't he hopes the next Knesset will find a way to ensure greater stability in the Israeli political system.