Comment: Everyone holding their breath... latest update

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Everyone holding their breath... latest update

Three opposition leaders have gathered at the presidential headquarters in Kiev and are ready to sign a proposed agreement with Viktor Yanukovich on resolving the crisis.

The Maidan opposition council has backed a draft agreement.

Leader of opposition UDAR party Vitaly Klitschko told the German newspaper Bild that the opposition will sign the peace deal
But
that further talks with protesters are needed. "I told the German foreign minister I would personally appeal to protesters before signing."

The coalition government in Ukraine is set to be formed in 10 days, regional MP Vladimir Oleynik told RIA-Novosti, quoting the draft of the peace deal on which the lawmakers are set to vote later on Friday.

The EU has started to develop sanctioning measures against Ukraine, but their implementation will depend on the situation in the country.

Russia still undecided about a $2-billion bailout for Ukraine. Moscow is waiting for clarity from the government.

Meanwhile, Ukraine’s President Viktor Yanukovich has declared early elections and a return to the 2004 Constitution.