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Europe Daily Bulletin No. 10421

19 July 2011
THE DAY IN POLITICS / (ae) eu/libya
EU nations to free up Gaddafi funds for rebels

Brussels, 18/07/2011 (Agence Europe) - European Union nations plan to use the frozen assets of Colonel Muammar Gaddafi and his associates to finance efforts by Libyan rebels to set up their own administration. EU foreign ministers, meeting in Brussels on Monday 18 July, said individual states would, in compliance with UN Security Council resolutions, use the money to help meet the “urgent financial needs of the NTC (National Transitional Council) to allow it to serve the Libyan people”....

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