German FM: Germany proposes 60-day freeze on Libya payments

German Foreign Minister Guido Westerwelle said on Monday he was proposing a 60-day freeze on all financial payments to Libya to prevent money from going to Muammar Gaddafi.

"We are therefore working to ensure that all financial flows are cut off," Westerwelle told reporters. "The new consideration is to freeze all payments to Libya for the next 60 days." (Reuters)