Jerusalem, June 29 (IANS): Israeli Prime Minister Benjamin Netanyahu has warned P5 1 group of world powers over what he described as "their retreat from the red lines they had set in their nuclear talks with Iran", saying there is no reason to rush into a final deal with Tehran.

"We are now witnessing a stark retreat from the red lines that the world powers set themselves only recently and publicly," Press TV quoted Netanyahu as saying on Sunday.

He expressed concern that the global powers were giving increasing concessions to Iran over its nuclear programme, claiming that a final deal was "getting worse by the day".

Netanyahu’s remarks came as nuclear talks between Iran and the P5 1 countries -- the US, France, Britain, Russia, China plus Germany -- continued in the Austrian capital of Vienna on Monday, a day ahead of a self-imposed deadline.

Nuclear negotiations between Iran and the P5 1 in Vienna seem to miss the June 30 deadline but only by a few days as negotiators said they need more time to settle the remaining differences, however, there was no discussion on a long-term extension of the talks at the moment.

Iran and the P5 1 group are holding talks to finalise the text of a possible deal over Iran’s nuclear programme by June 30.

The two sides reached mutual understanding on the key parameters of the potential deal in Lausanne on April 2.