The EU, in coordination with the Bush adminstration, has provided Iran its package of so-called incentives and guarantees to end the nuclear stalemate with Iran. Since the offer falls short of Iran's minimum conditions, its seem unlikely that Iran would accept this proposal. Indeed, Iran has already indicated it will reject the offer, although it will give its formal response in two days. If you were in Iran's shoes, would you accept the proposal? The following excepts from this report summarizes the key terms.