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Libya Foreign Business Remains Slow on Political Fears, FT Says

Foreign business in Libya has yet to show any noticeable increase outside the oil industry, the Financial Times reported, citing unidentified diplomats, merchants and officials.

Fears of continued political instability following the war to overthrow leader Muammar Qaddafi have frightened off business even as European expatriates return, the newspaper said.

To contact the reporter on this story: Sarah Shannon in London at sshannon4@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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