Finance minister Jan Kees de Jager is prepared to freeze Libyan assets in the Netherlands if the EU fails to take definitive action by Wednesday at the latest, he told television broadcaster RTLZ.

However, the minister declined to say if the Libyan regime has cash or other assets in the Netherlands.
The 27 EU countries agreed on Monday to freeze Libyan assets, impose a weapons embargo and travel ban on Libyan leaders but have not yet come with formal legislation.
The US has already frozen $30bn in Libyan assets because of the violence used against anti-government protestors.