The office of Ukrainian President Petro Poroshenko said Wednesday morning that he and Russian President Vladimir Putin have reached agreement on a cease-fire in eastern Ukraine.
The President's office later revised the statement to suggest a way forward had been reached.
The Kremlin's statement on the matter was this:
"A telephone conversation with President Vladimir Putin in Ukraine Petro Poroshenko was continued in-depth discussion of the military and the humanitarian crisis in Ukraine. The two leaders exchanged views on what needs to be done on a priority basis for a speedy end to the bloodshed in the south- east of the country. Point of view of the presidents of the two countries on the possible ways out of the crisis is largely the same."
Ukraine and the West have accused Russia of sending its troops and weapons to support pro-Russian insurgents who have been fighting government troops in eastern Ukraine since mid-April. Moscow has vehemently denied this charge.
Over the weekend, the European Union leaders agreed to prepare a new round of sanctions that could be enacted in a week, after NATO accused Russia of sending tanks and troops into southeastern Ukraine. A NATO summit in Wales on Thursday is also expected to approve measures designed to counter Russia's aggressive actions in Ukraine.
U.S. President Barack Obama arrived in Estonia Wednesday morning in a show of solidarity with NATO allies who fear they could be the next target of Russia's aggression.
Fighting in eastern Ukraine has killed nearly 2,600 people and forced over 340,000 to flee their homes, according to the U.N.