Reply #11: Germany loaning $144 million to Libyan rebels

[pinboy3niner]

(AP) – 39 minutes ago


BERLIN (AP) — Germany said Sunday that it is loaning Libya's rebel leadership euro100 million ($144 million) to help with the country's rebuilding and humanitarian needs.


The Foreign Ministry said it is granting urgently needed funding as a loan because frozen assets related to Libyan leader Moammar Gadhafi cannot yet be released.


The situation in Libya is difficult because of a lack of funding "to build up the necessary structures and overcome supply shortages — from medical care to food," Foreign Minister Guido Westerwelle said. "Particularly in eastern Libya, people are suffering more and more from this."

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