EU prepares Gaddafi quit ultimatum

EU leaders are today set to demand that Colonel Muammar Gaddafi gives up power in Libya with immediate effect – just as his regime regains ground from rebel forces trying to overthrow him.

A draft declaration for approval at an emergency summit in Brussels declares that “Colonel Gaddafi must relinquish power immediately” and says the objective is for Libya to “rapidly embark on an orderly transition to democracy”.