There is a potential breakthrough in Ukraine.

Leaders of the protest movement have agreed to a peace offering from embattled President Viktor Yanukovych. Earlier today, he offered to hold early Presidential elections and form a coalition government in which the protest movement would be included.

European negotiators say the leaders of the Maidan council have accepted Yanukovych’s proposal. For a while, there was no comment from the opposition leaders, and some of the protesters in Kyiv’s central square were heard to be chanting “no deal.” But it is now being reported that the opposition has signed the accord.

If the deal holds, it will bring an end to three days of bloody conflict that resulted in at least 100 deaths. It was the latest escalation of violence in a three-month conflict that began when Yanukovych rejected overtures from the European Union and signed an accord with Russia.