Can Netanyahu form a government by Wednesday?
If Netanyahu wants to continue as prime minister, he has to get the Knesset's approval for a newly formed government by asking the Knesset for a vote of confidence.
Netanyahu has the support of 60 MKs out of 120, and the opposition has 55 MKs. The wildcard is Yisrael Beytenu, which has refused to join the coalition but considers itself right-wing.
If Netanyahu presents a government and Yisrael Beytenu abstains, he will win the confidence vote 60 to 55 and get to swear-in a minority government. If Yisrael Beytenu joins the opposition, the confidence vote will end in a tie and he would have to alert the president that he had failed to get the Knesset's approval, or alternatively dissolve the Knesset and call for an early election (see the final scenario).
What happens if Netanyahu misses the legal deadline to form a government?
If Prime Minister Benjamin Netanyahu is unable to form a new coalition by Wednesday, he will have to inform President Reuven Rivlin that he is returning the mandate he was given.
The president will then have to task another MK to form a government after consulting party leaders. Rivlin can choose anyone he thinks has a chance of successfully winning the Knesset's confidence, be they on the Right or the Left.
If the president's second choice for prime minister fails to form a coalition after 28 days, MKs can ask the president to tap another MK who they believe has a good chance of forming a new government. He or she will only have 14 days to complete the task.
If this candidate fails as well, the Knesset will be dissolved and a new election will be held within 90 days.
Can Netanyahu call an early election?
Likud has already said that it would ask the Knesset to vote on a bill to call for an early election if Lieberman doesn't join the coalition, although it is unclear if such a bill would have a majority in the Knesset.
In order for a dissolution bill to get enacted, it needs to pass four readings (plenum votes) and be approved by at least 61 MKs.
The opposition might play along since it would presumably want to topple the Right, but there are signs that it too would not want to see another election in 2019.
If the bill passes, Israelis will head to the polls within 90 days to elect the 22nd Knesset.
