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Slideshow Photos of the week Our top photos from the past week. Slideshow Israel PM tells coalition partners to back budget or face poll Tweet Share this Email Print Related News Obama, Netanyahu seek to get past Iran differences 11:28am EDT Israelis see no Iran war this year after Netanyahu's speech Fri, Sep 28 2012 Spain's crisis budget aims at spending cuts not tax rises Thu, Sep 27 2012 Netanyahu draws "red line" on Iran's nuclear program Thu, Sep 27 2012 Ahmadinejad denounces "uncivilized Zionists," urges new order Wed, Sep 26 2012 Analysis & Opinion More budget illusions in New Jersey Related Topics World » United Nations » Israel » Middle East Turmoil » By Ori Lewis JERUSALEM | Sat Sep 29, 2012 4:52pm EDT JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu has told his coalition partners he will have to call an early election if they do not back a "responsible" budget he must present by the end of the year. Netanyahu said he would start meeting coalition partners after he returns home from New York on Sunday. Failure to pass the budget by December 31 would mean bringing forward a national ballot currently scheduled for October 2013. "I'm sorry to say that it depends on each and every (coalition member)," Netanyahu told Israel's Channel 1 television in an interview recorded in New York on Friday and aired in Israel on Saturday night. Netanyahu travelled to the United States where he addressed the United Nations General Assembly on Thursday, with Iran's nuclear programme the highlight of his speech. "I need a responsible budget and I am saying to my coalition partners: if you are going to go all the way (with me) and don't only pay lip service ... then there will be a responsible budget, but if I will see that this is not the case we will have to call elections. I hope that they will go for the responsible (option)," the Israeli leader said. Netanyahu has been under pressure from Israel's central bank to maintain fiscal credibility at a time when the economy is slowing and tax revenues are falling short. His right-wing coalition includes five partners who control 66 seats in the 120-seat parliament. Some of the partners, including ultra-Orthodox religious parties, have been reluctant to agree to budget cuts and spending priorities. Two weeks ago, Stanley Fischer, the central bank governor, urged Netanyahu's coalition to deliver the budget for ratification by next month, citing concerns about economic stability. "The prime minister will have to decide whether he can submit the budget by the mid- to end October. He needs to lower the level of uncertainty," Fischer told the Maariv newspaper. "I understand that the decision is a complex one, but it is better to have a budget by now. If not, a budget that will be approved after the elections will include a conservative fiscal policy," Fischer added in the interview. Israel's Finance Minister Yuval Steinitz told Reuters in an interview earlier this month it would be possible to know if a budget could be passed at the end of the week-long Jewish festival of Sukkot which begins on Sunday. (Writing by Ori Lewis; Editing by Andrew Osborn) World United Nations Israel Middle East Turmoil Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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