Italy compensated Libya for its colonisation.

[Keyse_0208]

Watching the news just now all Libya got was 50-Billion, infustructure deal, and also the agreement that italy would build a motorway across Libya all this over a period of 25 years.
Is this worth it would y'all agree

[The_Emperior5]

50 bilion its allot of money man i am just thinking if italiy did the same and give cabdilahi yusuf
50 bilion what would he do with it

[Recovering_Romantic]

A welcome development but I will keep my fingers. If the West was compensate the colonized World, the whole economy of the West will crumble on its knees.

[Keyse_0208]

can anyone tell us what was so diffrent from this colanisation compared to other countries for libya to get this.?

[kenyan4life]

its not $50 billion its $5 billion

http://news.bbc.co.uk/2/hi/europe/7589557.stm

Italian PM Silvio Berlusconi signs a deal to pay Libya $5bn as part of a deal to resolve colonial-era disputes.

[Murax]

Maybe if Skinnies had a Gov We'd get compensation too

[Grant]

http://en.wikipedia.org/wiki/History_of_Ottoman_Libya

The entire north African coast, including most particularly Libya, had been a Roman colony. There was essentially no government there when the Ottomans arrived and took control in 1551. The Italians invaded in 1911, but took control only with the collapse of the Ottoman Empire.

There was an agreement in 1999 to settle all colonial claims for $26 M. I have not been able to find a specific reason for the compensation or for raising the amount of the settlement. Italy did kill some Libyans, but also made considerable infrastructure improvements in Libya, and I have read that all of Italy's colonies, and most particularly Somalia, provided the the Italians a net loss.

http://www.cbc.ca/world/story/2008/08/3 ... libya.html

Part of the deal is a $500M coastal monitoring system and a Libyan promise to stop illegal immigration into Italy. If you read the article, it sounds more like a friendly aid package than "colonial compensation".