Prime Minister Benjamin Netanyahu told US President Barack Obama on Wednesday he was ready to give a ceasefire with Hamas militants a chance, his office said in a statement.
Egypt announced earlier that Israel and Hamas had agreed to a ceasefire to end eight days of fighting in the Gaza Strip that has killed more than 140 Palestinians and five Israelis.
"(Netanyahu) spoke a short while ago with President Barack Obama and agreed to his recommendation to give the Egyptian ceasefire proposal a chance, and in this way provide an opportunity to stabilize the situation and calm it before any more forceful action would be necessary," an Israeli statement said.
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