The story

Benjamin Netanyahu, the head of the conservative Likud Party, has been chosen to form Israel's next government, Israeli President Shimon Peres announced Friday.

At a joint news conference with Peres, Netanyahu said he accepted the task and he is willing to work with the moderate parties of Labor, led by Ehud Barak, and Kadima, headed by Foreign Minister Tzipi Livni.

"We have different approaches in different areas, but we are all together in our desire to act for the good of the state," Netanyahu said. "We will be able to find the common ground to lead the state toward security, prosperity and peace." Read full article »

CNN's Michal Zippori contributed to this report.

All About IsraelTzipi LivniBenjamin Netanyahu

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