Israel takes step toward snap election as Knesset votes to dissolve - Headlines news and analysis from Global Banking & Finance Review
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Israel takes step toward snap election as Knesset votes to dissolve

Published by Global Banking & Finance Review

Posted on May 20, 2026

2 min read

· Last updated: May 20, 2026

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Israeli Lawmakers Approve Initial Step to Dissolve Knesset for Snap Election

Israeli Parliament Moves Toward Early Elections

JERUSALEM, May 20 (Reuters) - Israel moved closer on Wednesday to a snap election after lawmakers gave an initial nod to dissolve parliament, with opinion polls showing Prime Minister Benjamin Netanyahu would lose the first national vote since the 2023 Hamas attacks. 

Lawmakers voted almost unanimously for an early ballot in a preliminary reading of a bill to disband the 120-seat Knesset. If it receives final approval, a process that could take weeks, Israel could hold an election several weeks ahead of an October 27 deadline. 

Coalition Dynamics and Legislative Process

Netanyahu's own coalition submitted the bill to dissolve parliament after an ultra-Orthodox faction traditionally close to the Israeli leader accused him of failing to deliver on a promise to pass a law exempting their community from mandatory military service. 

Parliamentary Vote and Next Steps

Some 110 members of parliament voted in favour of the bill to dissolve, with no opponents or abstentions. It now heads to committee where an election date is agreed, before going back to the Knesset for final approval. 

Political Landscape and Netanyahu's Position

Challenges Facing Netanyahu

The vote comes at a pivotal time for Netanyahu, Israel's longest-serving prime minister who leads the most right-wing government in his country's history. 

Security Situation and War Impact

Israel has been at war with Hamas in Gaza, Hezbollah in ​Lebanon and Iran, fronts that remain volatile and could have an impact on the election. 

Legal Troubles and Health Concerns

Netanyahu still faces a long-running corruption trial. Israel's President Isaac Herzog is mediating talks to broker a plea deal in the case, which could see the 76-year-old Netanyahu retiring from politics as part of the deal.

Netanyahu's health could ​also be an issue. He recently disclosed that he was successfully treated for prostate cancer and in 2023 he was fitted with a pacemaker.

Opinion Polls and Election Scenarios

Since the October 7, 2023 Hamas attacks on Israel, polls have consistently shown Netanyahu's governing coalition falling far short of a parliamentary majority. 

However, there is also a chance that opposition parties will fail to form a coalition, leaving Netanyahu at the head of an interim government until the political stalemate is broken.

Reporting Credits

(Reporting by Steven Scheer and Rami AyyubEditing by Gareth Jones)

Key Takeaways

  • A preliminary Knesset vote overwhelmingly approved dissolving parliament, launching the process for early elections, likely to be scheduled well before the October 27 deadline. (internazionale.it)
  • Opinion polls consistently show Netanyahu’s coalition trailing, with over half of Israelis urging him to retire and opposition parties gaining ground. (jpost.com)
  • President Isaac Herzog is mediating between Netanyahu and prosecutors to pursue a plea-bargain resolution to his long-running corruption trial, rather than immediately ruling on a pardon. (ajupress.com)

References

Frequently Asked Questions

Why is the Israeli Knesset voting to dissolve parliament?
The Israeli Knesset is voting to dissolve after a coalition dispute over military service exemptions and due to pressure within Prime Minister Netanyahu’s government.
What do opinion polls indicate about Netanyahu's chances?
Opinion polls suggest that Prime Minister Netanyahu’s coalition would lose the parliamentary majority if elections were held now.

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