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Israel election: Benjamin Netanyahu vows broad coalition

23 January 2013 Last updated at 02:48 GMT

Israeli Prime Minister Benjamin Netanyahu has pledged to form "as broad a government as possible" after his alliance won a narrow election victory.

Addressing supporters at his party's headquarters in Tel Aviv, Mr Netanyahu said he believed the result created "an opportunity for change".

Exit polls suggest Mr Netanyahu's right-wing Likud-Beitenu bloc will have 31 seats in parliament - a sharp drop from 42.

In a major surprise, the centrist Yesh Atid (There is a Future) party came second with a predicted 18-19 seats, with Labour next on 17.