EU mulls freezing assets of Libyan oil companies: Hungary
(BUDAPEST) - The European Union does not rule out freezing the assets of Libyan oil companies as possible further sanctions against Moamer Kadhafi and his regime, the current EU president Hungary said Friday.
"Further sanctions are not being ruled out, in particular a freeze of the assets of oil and gas producing and exporting companies," Hungarian foreign minister Janos Martonyi said in an interview on national radio.
"The EU's message is clear: Kadhafi must leave and create the conditions for a democratic transition" in Libya, Martonyi said ahead of a meeting of EU foreign ministers in Godollo near Budapest.
"We have a humanitarian crisis to take care of and there are a lot of people who are still in Libya," even if the number of Europeans there has declined, Martonyi said.