Egypt’s President Hosni Mubarak may soon resign, the BBC reported.

Hossan Badrawi, secretary general of the National Democratic Party, told BBC the president is likely to address the nation within hours.

The Higher Military Council is holding a meeting to discuss the situation in the country, RIA Novosti reported referring to Egypt’s state TV.

February 10 is the 17th day of protests which broke out in Egypt. The demonstrators demand Mubarak’s resignation.