Sunday, July 24, 2011

Germany announced Sunday it has agreed to lend 100 million euros ($144 million) to the rebels in Libya f


Germany lends Libya rebels $144 million 
(CNN) -- Germany announced Sunday it has agreed to lend 100 million euros ($144 million) to the rebels in Libya for "civilian and humanitarian purposes" despite staying out of NATO's bombing campaign against Libyan government forces.
Germany had previously announced a loan of $10 million (7 million euros) for humanitarian aid to the Transitional National Council, the rebel movement that is battling to unseat longtime Libyan strongman Moammar Gadhafi.
"Because of Colonel Gadhafi's war against his own people, the situation in Libya is very difficult," German Foreign Minister Guido Westerwelle said in a statement announcing the loan. "There is a major lack of funds to build infrastructure, as well as a shortage of needed goods, ranging from medical supplies to food."
Germany has not participated in the NATO-led military effort in Libya and abstained from the U.N. Security Council vote that authorized military action to protect civilians from Gadhafi's forces. But German Chancellor Angela Merkel said in June that her country shares the hope "that this NATO mission is successful."
Merkel also said Germany was supporting the NATO mission by providing increased resources to the U.S.-led mission in Afghanistan, freeing other nations to contribute to the LIbyan campaign.
Germany has recognized the rebels as the legitimate representative of the Libyan people and established a liaison office with the opposition in Benghazi in May.