Italy gave funds consisting of hundreds of millions of euros to Rebels of Libya to fight against Moammar Gadhafi. The funds were to be used for fuel supplies and cash. The funds made possible were ENI SpA (Italian Oil Company) and UniCredit SpA (italian bank). Libyan Rebel's assets are currently frozen but will be made available in a couple of weeks. Italy has had an extensive history with Libya, being a former colonial power in Libya.
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