Thursday, June 5, 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

Libyan Pilgrim Dies in Makkah During Hajj

IOM: 300 Migrants Returned to Libya in a Week

Greece Eyes Libya Cooperation to Block Boats from Eastern Coast

Benghazi Airport to Open in 2026

Saddam Haftar Attends French-Led Mediterranean Military Summit

Haftar: Libyan National Army Ready to Facilitate Elections

EDITOR PICKS

Libya’s Al Mnifi & UN Envoy Urge Respect for Tripoli Ceasefire

UN Set to Launch Nationwide Survey on Libya’s Political Future

285 Migrants Arrested in Libya’s Al-Jufra

Schlumberger & Sirte Oil Plan New Drilling Projects in Libya

UN Slams Libya over Abuse in Tripoli Detention Sites

Egypt & UAE Reaffirm Commitment to Libyan Stability

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

© 2024 LR

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

© 2024 LR