Abstract
This paper analyses the internal and external factors that may affect the outcome of the Lebanese Elections scheduled for June 7th. It highlights the importance of three internal political dynamics; the impact of the Hariri assassination, Hezbollah’s electoral campaign and recent statements regarding U.S. aid to Lebanon. There are also three external factors; Israeli military exercises, the arrest of an Hezbollah operative in Egypt and the new attempt to form links with the European Union (EU) and The International Monetary Fund (IMF). These factors will decide the shape of the Hezbollah party that will emerge after these crucial elections.