Thursday, February 24, 2011

The EU will sanction the Gaddafi regime

Convinced by the aggressiveness of Muammar Gaddafi's speech against his own people, the Twenty-seven have been decided on Wednesday to impose sanctions against the Libyan regime. At a meeting of EU ambassadors this afternoon approved the first diplomatic step, but it remains to provide a list of punishments, including a veto of entry into the European territory, the freezing of assets of the scheme and a new arms embargo European sources said.

According to the agreed statement, the EU "condemns the violence and the use of force against civilians and deplores the repression of peaceful demonstrators have killed civilians." "These brutal and massive violations of human rights are unacceptable," said the statement, announcing "new steps", the diplomatic euphemism to refer to sanctions.

Even Italy, one of the leading advocates of lifting the arms embargo against Libya earlier this decade, has accepted the restrictive measures. On Monday, foreign ministers of the EU is merely to agree a statement condemning the violence, but still had little information. In fact, even know then that the Libyan Government had begun to bomb the demonstrators.

French President Nicolas Sarkozy today called for "suspension of all economic, commercial and financial relations with Libya until further notice." The EU has officially blocked negotiations on a bilateral cooperation agreement with Libya and European governments have frozen arms export licenses.

Since the lifting of the embargo in 2004, European companies have competed with Russia to sell bombs, rifles, military aircraft or toxic gases, such as account WORLD today in its print edition. Europeans also used to study oil companies like ENI, BP and Repsol in its lobbying campaign. A European Commission spokesman recalled that 55% of GDP depends on Libyan gas exports to the EU.

Only Italy has a significant level of energy dependence, and that 12% of its gas comes from that country, in the case of Spain, is 1.5% and, for most of the EU, is "neither essential nor relevant. "

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