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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market, Trends

Italy won’t oppose LIA on EU sanctions list

Posted on 08 March 2011

From Reuters: Italy will not oppose European Union sanctions on Libya being extended to include the Libyan Investment Authority, which holds stakes in UniCredit and Finmeccanica, an Italian source familiar with the matter said.
European Union member states are set to add the $70 billion Libyan sovereign wealth fund to the embargoed list on Tuesday if none of the EU’s 27 member states voices an objection, diplomats have said……………………………………….Full Article: Source

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