On 12 September, Euro News published an article by Tarek Megerisi, titled ‘Libya's central bank chaos must serve as a wake-up call for the West’, in which he argues that the recent Central Bank crisis is a ‘golden opportunity to stabilise Libya’. Megerisi criticizes Western actors for ‘overlooking’ such opportunity, urging Europeans and the US to ‘leverage this crisis to press for technocratic control of the bank as a prelude to much-needed elections.’ He stresses that the crisis could turn violent and into another war like Gaza and Ukraine if the brief opportunity is missed, adding that ‘with a bit of political capital, Libya can finally be pushed to a much more stabilising place’.
Read the full article here.