Libya’s National Oil Corporation said on Tuesday it would immediately start working to resume crude exports from ports seized in recent days by forces loyal to eastern commander Khalifa Haftar. NOC Chairman Mustafa Sanalla said that production could be raised to 600,000 bpd from about 290,000 bpd within a month. Source: Reuters
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The European Stability Mechanism (ESM) — the euro zone’s bailout fund — should ultimately be turned into a European version of the International Monetary Fund, the head of euro zone finance ministers said on Monday in a German newspaper. Source: Ekathimerini
German Finance Minister Wolfgang Schäuble has said the European Banking Authority should be merged with the European insurance regulator, with the merged body to be located in Frankfurt. Source: Handelsblatt
Belarussian President Alexander Lukashenko said on Tuesday a “fifth column” was plotting to overthrow him with the help of foreign-backed fighters, days before a planned street protest in Minsk against a new tax. The president said security forces had recently detained “a couple dozen of fighters”. Source: Reuters