Austria`s Federal Chancellor and the rotating Head of European Union Wolfgang Schuessel said here Monday the EU has no reason to impose sanctions against Iran because of Tehran`s nuclear policies. Speaking to the reporters after meeting with members of European Commission, Schuessel said, ”Although there have always been the possibility of imposing sanctions, the EU member states take that measure as the last option”. He added it is not time to consult about sanctions yet. At the same time, EU rotating president condemned Iran`s announcement to start its nuclear research. Schuessel stressed the EU is following the issue with concern because Tehran is distancing from a settlement based on consensus.