Israeli Prime Minister Benjamin Netanyahu on Wednesday ignored a police recommendation that he should be indicted for corruption, and said he could continue to serve in his position.

"Neither me nor anyone else has plans for elections," he said Wednesday, according to AFP. "We're going to continue to work together for the good of Israeli citizens until the end of the term."

He also said, "I can reassure you that the coalition is stable."

Police on Tuesday recommended Netanyahu's indictment related to two corruption investigations. One relates to gifts he allegedly received in exchange for political favors, and the other relates to his alleged effort to secure favorable coverage from the country's second-largest newspaper.

Netanyahu said the police recommendations are "full of holes," and said they are "contrary to the truth and logic."