Hamas and Israel have reached a ceasefire agreement, according to Palestinian and other media, following two days of intense cross-border confrontation between Gaza and its neighbor, in which both sides suffered casualties.

The ceasefire was expected to go into effect at 4:30 am on Monday (01:30 GMT), according to the Times of Israel, which noted there had been no rockets for two hours before the announcement.

The deal, reportedly brokered by Egypt and the European Union, was also confirmed by a second Reuters source, as well as a TV station belonging to Hamas.

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