Just announced on MSNBC, they called it a "plan", didn't come out and call it a ceasefire. Who's making fun of the French now? More details when I get it.
Update-
JERUSALEM - A government spokesman says Israel "welcomes" a proposal from France and Egypt to end fighting in the Gaza Strip.
Mark Regev says Israel could accept the proposal if it halts "hostile fire" from Gaza and includes measures to prevent Hamas from rearming.
French President Nicolas Sarkozy said Wednesday that Israel and the Palestinian Authority accepted the proposal. Israeli officials will not confirm that.
The precise details of the proposal remain unclear.
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