Avi Gabbay

"We will not be a part of the coalition without the finance ministry," the Kulanu party tweeted.

Gabbay led Labor to only six seats in the April 9 election, down from the 24 it won in 2015 as part of the Zionist Union partnership of former MKs Isaac Herzog and Tzipi Livni.

Opposition parties to vote against going to another election this year.

The Likud has been looking for opposition MKs to defect to the coalition in return for portfolios. Channel 12 reported that the Likud had made such an offer to Gabbay.

The proposal to hold primaries was proposed by current party leader Avi Gabbay, after the party's failure at the national elections, in which the party received only six Knesset seats.

According to Dr. Gabriel Weimann, a professor of communication at University of Haifa, what Israel just witnessed was another step toward the “Americanization” of Israel’s political landscape.

According to Labor's constitution, after a party leader loses an election for prime minister, a new leadership race must automatically be held within 14 months.

Gabbay declined to discuss his future when reporters asked him at the President’s Residence on Tuesday.

The short-lived successes of Naftali Bennett, Avi Gabbay and Orly Levy-Abecassis had different origins, but their self-destructions were all the same.

MKs Itzik Shmuli and Stav Shaffir are among the possible candidates for Labor leader.