Netanyahu now leads a narrow coalition of 61 members, a razor-thin majority in the 120-seat Israeli parliament, as the election year is coming closer.

"Each member will now look for a reason to topple the government," Diskin said.

Behind all the premier's considerations on whether to advance elections or not are the looming allegations of corruption.

The Israeli police have recommended that Netanyahu be indicted for bribery and breach of trust, with the final decision in the hands of the attorney general.

"Netanyahu wants the early election, but he does not want to be blamed for it," said Akiva Eldar, a political commentator for Al-Monitor Israel.

"Security is sacred in Israel," he told Xinhua. "The perception in Israel is that elections are costly and harmful to security."

However, Diskin said it is not the main consideration for Netanyahu on the issue of an early election.

Another outstanding matter is the elusive U.S. peace plan aimed at ending the Israeli-Palestinian conflict.

Netanyahu, a staunch ally of U.S. President Donald Trump, can market his friendship with the U.S. leader as a guarantee to safeguard Israeli interests at a time when the Jewish state may have to make difficult compromises toward the Palestinians.

In addition, the Israeli leader will also cite Trump's alignment with him on the Iranian nuclear deal.

"Israel's security problems are far from solved," said Diskin. "Iran is an existential threat and there is the daily threat to security from Hamas in Gaza."

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