WASHINGTON - US President Barack Obama said on Thursday night that the Egyptian government must put forward "a credible, concrete and unequivocal path toward genuine democracy."

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He made the call after Egyptian President Hosni Mubarak said in a televised speech hours earlier that he will hand over power to Vice President Omar Suleiman, but will not resign.

"They have not yet seized that opportunity," Obama said in a statement issued after he met his national security team at the White House.