Iran has until the Group of Eight (G8) summit in mid-July to consider an offer of incentives to suspend its nuclear enrichment program, Austrian Chancellor Wolfgang Schuessel was quoted as saying on Friday. Asked what would happen if Iran did not accept the offer, Schuessel, whose country holds the rotating presidency of the European Union, told the Frankfurter Allgemeine Zeitung: “This will be discussed within the framework of the G8. Iran has until the world economic summit in July to think it over.” Full Story