BREAKING NEWS

PM to ask Peres for two-week extension to coalition talks

Coalition talks will not end by their deadline on Saturday night, when Prime Minister Binyamin Netanyahu plans to meet with President Shimon Peres to ask for a two-week extension to form a government.
Netanyahu's office scheduled the meeting with Peres on Wednesday, a clear indicator that the coalition will not be finalized in the coming days, despite progress in talks with the Bayit Yehudi and negotiations with Yesh Atid planned for Thursday
According to Basic Law: The Government, if the prime minister does not form a government on time, he may request that the president give him an extension. The president is allowed to decide whether or not to give the extension and how long it will be, up to two weeks.
Peres is expected to give Netanyahu the full extension permitted by law, which will give him until March 16 to form a coalition.