The U.N. International Atomic Energy Agency (IAEA) is expected to report next month that Iran reduced its low enriched uranium stockpile to the level required under a preliminary nuclear deal with six major powers, Western diplomats said on Tuesday. Under an interim nuclear pact struck in November of 2013 and renewed the following year, every six months Iran must reduce its stockpile of low enriched uranium (LEU) that is enriched to a purity of up to five percent, to a maximum of about 7,650 kg. According to the latest IAEA report on Iran, released in May, Iran had some 8,714.7 kg of LEU.
For followers of the chaotic events in Europe in recent weeks, Benoit Coeure's remarks that Greece could leave the euro may have sounded like a statement of the obvious. The message, delivered by one of President Mario Draghi's most trusted allies in a French newspaper, may have sought to bring Athens back to the negotiating table it left last week.