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Sovereign Wealth Funds Briefing - Categorized | Trends

Italy freezes some Libyan assets, not LIA

Posted on 07 March 2011

From WSJ: Italy’s government said Saturday that it would put a freeze on Libyan assets in Italy, in accordance with sanctions imposed by the European Union on Feb. 28 as a result of the turmoil in the North African country.
The government stopped short, however, of agreeing to freeze the assets of the Libyan central bank and the Libyan Investment Authority, which is the country’s sovereign wealth fund, which both own stakes in several key Italian companies……………………………………….Full Article: Source

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