EU to tell Gaddafi to quit, eyes further sanctions

EU heads of government set to hold an extraordinary meeting on Friday are expected to urge Libyan leader Muammar Gaddafi to quit and may decide on further sanctions against his state, Hungary's foreign minister said.

Janos Martonyi told Hungarian public radio MR1-Kossuth in an interview that extra sanctions could include freezing the assets of Libyan oil and gas producer and exporter companies. Hungary holds the EU's rotating presidency. (Reuters)