Libya Business News
Sunday, March 26, 2023
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
No Result
View All Result
Libya Business News
  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos
Libya Business News
No Result
View All Result
Home Uncategorized

EU unfreezes Libyan central bank fund

21st December 2011
in Uncategorized
EU unfreezes Libyan central bank fund
Share on FacebookShare on Twitter

The European Union decided on Wednesday to unfreeze all funds and assets of the Central Bank of Libya and the Libyan Arab Foreign Bank held in the bloc.

An EU statement said a partial freeze of assets of the Libyan Investment Authority and Libya Africa Investment Portfolio imposed on Sept. 16 before the overthrow of late Libyan leader Muammar Gaddafi would remain in force.

The decision to unfreeze the bank funds was taken to support the recovery of the Libyan economy and to assist the new Libyan government, it said. The move will enter into force on Thursday.

The EU imposed wide-ranging sanctions on Gaddafi's government in protest against his treatment of an anti-government uprising that eventually forced him from power.

(Source: Reuters)

Tags: EUFrozen Assets

Latest News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021
Latest Oil Tenders

Latest Oil Tenders

16th March 2021

Recent News

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

Enterprise Greece Delegation in Libya to Develop Bilateral Business Ties

4th October 2021
Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

Dbaiba Meets with Eni's CEO Descalzi to Discuss Areas of Cooperation in Libya

22nd March 2021

Categories

  • Security
  • Oil & Gas
  • Industry
  • Politics
  • Construction
  • Finance
  • Tenders
  • Transportation
  • Videos

Menu

  • Home
  • About Us
  • Contact

Join our mailing list!

Sign-up to receive email updates on the latest news and developments.





© 2021 Libya Business News - Your Libyan business news partner

No Result
View All Result
  • Security
  • Oil & Gas
  • Banking & Finance
  • Politics
  • Industry & Trade
  • Construction & Engineering
  • Investment
  • Tenders
  • Transportation
  • Videos
  • Contact Us

© 2021 Libya Business News - Your Libyan business news partner

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I Agree”, you consent to the use of ALL the cookies.