EU/Iran's Agreement: On, Off, or On?

The last few days have seen the EU's prospects for an agreement with Iran move from jubilation to despair to cautious optimism to dead to on again.

Last night Iran was reasserting its right to operate 20 centrifuges for research and development purposes. It appeared they were willing to scuttle their agreement with the EU over this.

The EU gave Iran a deadline of Monday to accept their soften downed agreement.

Now this morning the Iranians appear may have backed down on the "research" centrifuges. But according to Reuters:

It was unclear what France, Britain and Germany, the "Big Three" running the talks with Iran on behalf of the European Union, thought of Iran's concession. "The process is ongoing," a British Foreign Office spokeswoman said. ...

"There are still some things that need to be worked out regarding the resolution," the diplomat said.more

So despite the headlines in the media, the deal is still not done.

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