This report republished with permission of Stratfor.

Egyptian President Hosni Mubarak said Feb. 1 he would not seek another term as president in elections slated for September but that he will complete his current term. In a televised national address, his second since the Egyptian unrest began the previous week, Mubarak said he would use the remainder of his term to oversee the transition of power. He also called on the parliament to amend the Egyptian Constitution’s Article 76 (which narrows the pool of potential presidential candidates) and Article 77 (which allows for unlimited presidential terms). It is currently unclear whether these measures will be considered.

The opposition immediately rejected the pronouncement. Each political concession offered during this crisis by the Egyptian political establishment — which until this point had ruled with absolute authority since the 1950s — has only emboldened the opposition. Unrest is thus likely to continue, which means the Egyptian military likely will attempt to force Mubarak to step down before the elections. However, even this will not likely resolve matters, as the need to create a neutral caretaker government until elections can be held will be the basis for further struggles between the regime and the opposition.