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Anti-Gaddafi opposition fighter (Photo: Nasser Nouri)

EU to freeze assets of top Libyan firms

EU diplomats are close to finalising a list of Libyan companies to be added to a recent asset freeze and travel ban on 26 members of the Gaddafi regime.

A diplomatic contact said the multi-billion-euro Libyan Investment Authority is "very likely" to be included, along with "an investment bank" and around three other firms.

Details are being held back to prevent money being smuggled out before the measures enter into life.

France, Germany and the UK are leading the new initi...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Anti-Gaddafi opposition fighter (Photo: Nasser Nouri)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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