[2] His Likud party formed the coalition with the Jewish Home, United Torah Judaism, Kulanu, and Shas, with the bare minimum 61 seats.
Initially, exit polls reported a virtual tie between the Likud and the Zionist Union, a coalition headed by Leader of the Opposition Isaac Herzog and former justice minister Tzipi Livni.
[22] Continuing their long-standing alliance, Degel HaTorah and Agudat Israel ran on a joint electoral list named United Torah Judaism.
[40] Moshe Feiglin, who for a long time led his own far-rightist faction within Likud and once challenged Netanyahu for the chairmanship, suffered a major defeat in the primary, failing to win a realistic spot on the ticket.
[42] The major foreign policy focus of Benjamin Netanyahu during this campaign has been to "prevent Iran from obtaining a nuclear capability, by turning world opinion in favor of maintaining and expanding economic and diplomatic sanctions against Tehran".
[43] The party has also pledged to "implement State Comptroller Joseph Shapira's recommendations for ending the housing crisis and improve benefits for the self-employed".
[67] Maintaining its position firmly within the Israeli peace camp, the party pledged to "reignite a process with our Palestinian neighbors based on a regional platform, and foster our unique and special relationship with Washington", but did not specify in greater detail the concessions that would be made by a Zionist Union government, other than saying that the Jordan Valley must be Israel's eastern security border.
The party has pledged "support for 300,000 available apartments, released to the market at the rate of 50,000–60,000 per year, and subsidizing land value in housing, while providing an opportunity for partial ownership through rent payments.
[43] Additionally, the party "calls for a just solution to the Palestinian refugee problem, which guarantees a right of return and self-rule for Israeli-Arab citizens on educational, cultural and religious issues".
Elected on a "promise to lower the cost of living and improve the middle class's quality of life, Lapid implemented a string of unpopular austerity measures after being appointed finance minister that, he said, were necessary to counter a government deficit that ran into the tens of billions of shekels".
[43] The party "believes in a fair economic policy that directs budgetary investments to the middle class and the weakest in society, closing social gaps, while strengthening the market and encouraging growth".
[79][80] Kahlon was able to attract some high-profile candidates for the Kulanu party list, including former Israeli Ambassador to the United States Michael Oren and Deputy Mayor of Jerusalem Rachel Azaria.
As communications minister, he earned popularity by taking on Israel's wireless cartel and forcing them to lower mobile phone prices by introducing new competitors.
[84] Traditionally known for a hard line on security matters, Kahlon has in more recent times suggested support for territorial compromise for a two-state solution.
[82] Ari Shavit wrote in January 2015 that Kulanu had the potential to be the true successor to the national liberalism of Ze'ev Jabotinsky and Menachem Begin.
[95] The Jewish Home is "the only incumbent party in Israel that opposes any type of Palestinian state west of the Jordan River", as well as a one-state solution, which it sees as "infeasible and dangerous".
[43] When faced with practical questions on the conflict, leading rabbis will also consider pikuach nefesh, the Jewish legalistic principle of saving life taking priority over all else.
[103] On 16 October, a compromise was reached: Shas would not have a formal chairman, but would instead be jointly led by Deri, Yishai, and Housing and Construction Minister Ariel Atias.
At the end of the campaign, Yishai sent an open letter to Deri, "calling for peace and unity between the two parties for Election Day and in the coming Knesset, in order to defeat evil decrees against the Torah and against the working class".
[43] The party sees UN recognition of a Palestinian state as a pathway toward negotiations, and calls for the following immediate steps to be taken: Stopping settlement construction, paying Israeli residents of the West Bank to leave willingly, and removing the naval blockade on the Gaza Strip in a gradual and co-ordinated way.
[43] It calls for more support for workers and organized labor, rather than the rich, equalizing society through tax reform, and reducing spending in areas such as settlements and the security budget.
Party chairman Eli Yishai told Jeremy Sharon of The Jerusalem Post that he was against giving away any territory from the Land of Israel, and would not agree to any future settlement freeze.
[128] Bernard Avishai called it a "compromised victory" for Likud, using David Horovitz's terminology to point out that Netanyahu had "desperately cannibalized" other parties in his ideological camp.
[143][144][145] Many prominent Palestinians rejoiced at the news, believing it would give them increased legitimacy and Israel decreased credibility in the international arena and among its own allies.
[146][147][148] Similarly, Thomas Friedman observed: "From Iran's point of view, it makes fantastic TV on Al Jazeera, and all the European networks; it undermines Israel's legitimacy with the young generation on college campuses around the globe; and it keeps the whole world much more focused on Israeli civil rights abuses against Palestinians, rather than the massive civil rights abuses perpetrated by the Iranian regime against its own people.
Iran's foreign ministry spokeswoman Marizeh Afkham told reporters at a weekly news conference in Tehran: "For us, there is no difference between the Zionist regime's political parties.
Kulanu, the Jewish Home, Yisrael Beiteinu, Shas and United Torah Judaism all joined the Likud in suggesting the incumbent prime minister Netanyahu, giving him the support of 67 of the 120 seats.
At the time, Kulanu leader Kahlon remained open to forging a coalition with either Netanyahu or Herzog, and stated that he would make his decision "after all the votes are counted".
[157] Avigdor Lieberman, the outgoing foreign minister, announced shortly before the 6 May deadline that his Yisrael Beiteinu party would not join a coalition with the Likud.
[158] Consequently, Netanyahu and his Likud party formed a narrow coalition government including The Jewish Home, United Torah Judaism, Kulanu, and Shas.