Ukraine Update for February 21, 2014: Yanukovych Caving? Actual Peace?

Early reports indicates that Yanukovych may finally have gotten a clue:

Viktor Yanukovych conceded to the major demands made by protesters, he announced Friday on his website. He had been holding out against their raging street demonstrations for months.

Yanukovych said he has initiated new presidential elections and a return to the old constitution that would cut presidential power, and also form a national unity Cabinet.

Now word is comning down that Euromaidan leadership has signed off on the agreement.

Great news, if it holds.

There are also unconfirmed reports of police either leaving or coming over to Euromaidan. Presumably these are the regular police and not the Berkut riot police.

Now the question becomes: What will Yanukovych’s puppet-master Vladamir Putin do? He met with his security council, and the discussion sounds more than a little ominous:

“Putin emphasized that it is imperative to immediately stop the bloodshed and take urgent measures to stabilize the situation and suppress any extremist and terrorist sorties.”

Is Putin willing to go to war to keep Ukraine is Moscow’s orbit?

Stay tuned…

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