"And the Maariv newspaper reported that Israel's army chief Benny Gantz "has presented to the security cabinet a scenario involving the cancellation of the peace treaty" between Egypt and Israel.
The report was denied by the military and Vilnai said it was premature to talk about the treaty being annulled.
"The cancellation of the treaty is not today -- and I stress the word today -- a reality," he said.
But he acknowledged Israel fears a serious degradation in ties with Cairo once a new government comes to power.
"But when Egyptian government stabilises after a long electoral process, we expect it will seriously undermine the accord," he said."
