France's Hollande urges Libya factions to strike political deal

French President Francois Hollande delivers a speech during the 30th annual dinner held by the French Jewish Institutions Representative Council (Conseil Representatif des Institutions juives de France - CRIF) in Paris February 23, 2015. REUTERS/Etienne Laurent/Pool

PARIS (Reuters) - French President Francois Hollande said on Tuesday that warring factions in Libya must strike a political deal to restore a central government, parliament and banking functions, and stop a worsening problem with human trafficking. "The first necessity here is for various factions to strike a political deal between various factions so that there can be a government, a parliament and central bank - and only one, if possible, at each level," Hollande said in a joint press conference with Italian Prime Minister Matteo Renzi. France and Italy have called for a United Nations Security Council meeting on the security situation in Libya. (Reporting by Alexandria Sage; Writing by Nicholas Vinocur; Editing by James Regan)