Sunday, December 14, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Germany Urges Resolution in Libya’s Central Bank Crisis

September 5, 2024
Germany Urges Resolution in Libya’s Central Bank Crisis
Share on FacebookShare on Twitter

The German Special Envoy to Libya, Christian Buck, has expressed support for the mediation efforts led by the United Nations Mission in Libya to resolve the ongoing Central Bank crisis. Buck stated that the UN’s involvement sends a positive signal and emphasised the importance of all parties adhering to the agreed timeline for negotiations.

He urged all stakeholders to commit to a swift resolution to prevent further deterioration of Libya’s fragile situation. Buck’s call highlights the international community’s concern over the impact of the banking dispute on Libya’s already unstable political and economic landscape.

The envoy’s remarks come amid a prolonged standoff over leadership and governance issues within the Central Bank, which have fuelled broader economic instability in the country. The UN’s mediation is seen as a crucial step in bridging the divide and ensuring that Libya’s financial institutions can function effectively.

Buck reiterated Germany’s support for the UN-led process and called on Libyan factions to prioritise national interests over individual agendas. He warned that delays in reaching an agreement could exacerbate Libya’s challenges, including worsening the living conditions of its citizens.

The envoy also stressed the need for international partners to back the UN’s efforts and encourage Libyan leaders to take constructive steps towards a sustainable solution. Buck’s comments reflect broader concerns about the impact of Libya’s institutional deadlock on its path to recovery and stability.

Tags: Central BankChristian Buckgermanylibya
Next Post
Libyan Parliament Speaker Urges Removal of Armed Groups from Tripoli

Libyan Parliament Speaker Urges Removal of Armed Groups from Tripoli

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

EU Border Agency Warns Libya Remains Main Hub for Irregular Migration

German Investigation Links Belarus to Migrant Smuggling via Libya

Libyan Presidential Candidate: Public Anger Signals End for Dbaiba

Libya & Morocco Sign Economic Cooperation MoU

Benghazi Receives 30,000-Ton Gasoline Shipment to Avert Fuel Shortages

Libyan Parliament Speaker Hails Successful Municipal Elections

EDITOR PICKS

Frontex Reports 260% Surge in Migrant Crossings from Libya to Greece

Libya’s LIA Denies Hiring Foreign Firm to Manage Assets

Libya Moves to Boost Food Security with Desert Agriculture Plan

Libyan Parliament Speaker Hails Successful Municipal Elections

Libya & Morocco Sign Economic Cooperation MoU

Libyan Presidential Candidate: Public Anger Signals End for Dbaiba

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR