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Austria releases all frozen Libyan assets

VIENNA, Oct 12 (KUNA) -- Foreign Minister Michael Spindelegger announced that Austria had released all frozen Libyan assets.
The Austrian Press Agency reported on Wednesday that Austria had been lagging behind regarding the release of the total assets amounting to 1 billion euros compared to other European countries: France (more than two billion euros) and Britain and the Netherlands (each one billion) had already released frozen Libyan funds unconditionally.
Austria gave the go-ahead to release 150 million euros in September to fund humanitarian projects.
Spindelegger arrived in Tripoli at the end of last week and met with leaders of the National Transitional Council and to re-open the Austrian Embassy.
He was accompanied by a large economic delegation to explore possibilities for new cooperation between the two countries. (end) amq.asa KUNA 121013 Oct 11NNNN