Prime Minister Binyamin Netanyahu said at the opening of today's Cabinet meeting that Israel will hold for the seventh time a summit meeting between Israel, Greece, and Cyprus.

"We will sign an historic agreement - laying a pipeline between Israel, Cyprus, and Greece. The profits will reach the citizens of Israel. Israel is becoming an energy superpower."

He said: "We've strengthened economic, security, and political relations with the world's countries on five continents. We've brought the economy to unprecedented gains, increased per capita income and gross output. Unemployment rates have fallen and participation rates have risen. We've raised wages for all strata of the population."