Unrest hurting Libya's oil economy, Europe says

Unrest hurting Libya's oil economy, Europe says
Washington DC (UPI) Mar 28, 2014 - Political conflict in Libya means an economy that's largely dependent on oil production has no room to grow, the European Union said. A progress report on Libya from the European Commission said a blockade on oil exports by eastern federalists has "severely" affected Libya's fiscal situation. The report, published Thursday, said the closure of eastern export terminals has cut Lib ... more

---