Malta has released some €300 million belonging to Libyan companies which had been frozen in Malta in line with EU and United Nations sanctions. The sanctions were lifted some weeks ago, a Foreign Ministry spokesman said.
However €86 million which are believed to have belonged to members of the Gaddafi family are still frozen.
The funds were frozen soon after the uprising in Libya started last year.
The release of the funds had been the subject of talks between Maltese and Libyan government officials over the past few months.
Malta in February also returned two Mirage F1 fighters which were kept in Malta after their Libyan pilots defected.