'Israel still has great respect for Mubarak'

Speaking of the dilemma currently confronting Mubarak, Peres said, "We still have great respect for Mubarak. Note everything he did was right, but he worked to keep peace in the Middle East."

Peres said "people think that democracy is only a legend. Democracy is more than that," he said. "It also means peace and freedom."

Netanyahu, in his first public comments on the crisis, said at the opening of Sunday's weekly cabinet meeting that Israel was “anxiously monitoring” the developments in Egypt and the region.

“Our efforts are designed to continue and maintain stability and security in our region,” he said.

Netanyahu, who last met with Mubarak to discuss the diplomatic process three weeks ago in Sharm e-Sheikh, said “the peace between Israel and Egypt has endured for over three decades, and our goal is to ensure that these relations continue.

“Of course, at this time, we must show maximum responsibility, restraint and good judgment, and, to this end, I have instructed my fellow ministers to refrain from commenting on this issue. Naturally, we are also holding consultations in the appropriate government forums.”

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