Haaretz - Israel News: "LUXEMBOURG - European foreign ministers will review options on Monday for possible restrictive measures against Iran, including eventual financial sanctions, if Tehran continues to defy calls to halt sensitive nuclear activity.

But European Union foreign policy chief Javier Solana, who drafted a confidential options paper for the 25 ministers, and British Foreign Secretary Jack Straw insisted it was just a contingency planning exercise and sanctions were not imminent.

Solana told reporters the plan was not for an immediate imposition of sanctions."