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EU About to Force Italy to Freeze Libya’s Stake in Juventus

EU About to Force Italy to Freeze Libya’s Stake in Juventus

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James M. Dorsey
Mar 07, 2011
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The Turbulent World with James M. Dorsey
EU About to Force Italy to Freeze Libya’s Stake in Juventus
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A European Union decision to extend sanctions imposed on Libya is likely to force the Italian government to freeze Libyan assets, including the Gadaffi regime’s stake in soccer club Juventus FC.

The expanded sanctions would include Libya’s sovereign wealth fund, the $70 billion Libyan Investment Authority (LIA), and its subsidiaries, which are with a 7.5…

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