Netanyahu presents his ‘dream team’

The Labour Party, trailing in the polls with just eight mandates, is also trying to improve its image and this week Defence Minister Ehud Barak and his arch rival - former party chairman Amir Peretz - embraced each other at a rally, aiming to show party unity.

Mr Barak used the rally to slam Mr Netanyahu, blaming his policies as finance minister for the recent drop in value in the public's pension fund.

"The Labour Party is the only party that will look out for your finances," Mr Barak said, later taking credit for the Treasury's decision to set up a safety net to protect the savings of those nearing retirement.

The Labour Party will go to primaries next Tuesday and expectations are that there will be a tough race for candidates for the top 10 slots.

Some MKs had hoped to avoid the primaries, which they claimed would waste money, cause internal fighting and lose precious weeks which the party could be using to campaign ahead of the February 10 general elections.

"We did this a mere two years ago," said one Labour MK who asked not to be named. "It wastes loads of money and time but it is part of the democratic process and is needed in order to form a list."