Knesset compromise proposal gives Israel hope of avoiding fourth election

“This is a very important step of goodwill, but it is far from being a solution to the problem,”  Knesset Speaker Yariv Levin, of Likud,  told Army Radio on Monday morning.

Benny Gantz's Blue and White Party released a statement welcoming what it called the Likud’s recognition of the need to uphold political and social stability in Israel.

"Blue and White will do everything in its power to spare the people of Israel deleterious elections during one of the gravest crises in the country's history," the party said.

 "We will support amendments to the existing law that ensure the allocation of funds to rehabilitate our economy. Citizens of Israel deserve utmost reassurance and stability at this time, and we will continue acting to that end."