The North Atlantic Treaty Organization, NATO, is holding an extraordinary session on Friday to discuss the situation in Libya, amid reports of a possible military intervention in the Arab country.

The Secretary General of NATO, Anders Fogh Rasmussen, made the announcement yesterday in Budapest, where he was meeting with the ministers of defense of the European Union.

Normally, the NATO Council would call a meeting among the permanent representatives of the 21-member military defense organization.

The High Representative of the European Union, Catherine Ashton, said that NATO would consider the imposition of a “no-fly zone” over Tripoli and increased sanctions against the Libyan government.