EU to boost financial support for Palestinian Authority
- The European Union announced a financial aid package of up to 1.6 billion euros to support the Palestinian Authority and fund projects in the West Bank, Jerusalem, and Gaza.
- More than a third of the funds will support the Palestinian Authority directly, aiming to improve governance and services.
- 576 million euros will fund projects across various sectors in Palestinian territories, with 82 million euros allocated to the U.N. Agency for Palestinian refugees.
- EU Mediterranean Commissioner Dubravka `uica stated that a well-functioning Palestinian Authority is essential for post-conflict governance of Gaza.
116 Articles
116 Articles
€1.6bn EU Gaza Aid: Peace or Risky Gamble?
The EU has just promised €1.6bn to Palestine. Is it a step toward peace – or a risk of indirectly strengthening Hamas? Here’s what the facts show. As Israeli bombs rain down and hospitals buckle under fire, the European Union has unveiled a colossal €1.6 billion aid package to support Palestinians in the West Bank, East Jerusalem, and Gaza – a bold move that signals Brussels’ long-term bet on… Source
Brussels provides 1.6 billion euros in aid to Palestinians
The European Union announced on Monday a financial aid of 1.6 billion euros, staggered until 2027, of which more than half is intended to strengthen the Palestinian Authority, said the head of European diplomacy, Kaja Kallas, according to AFP, quoted by Agerpres.
The European Union promises EUR 1.6 billion for the Palestinian Authority
On Monday 14 April, Europeans held their first high-level political dialogue with the Palestinian government, two months after the one with Israel. Beyond the promised financial aid, Europe struggles to influence a political process.
EU announces €1.6bln financial aid package for Palestinian Authority
More than a third of the money, to be provided over two years, will come as direct budget support to the PA and is aimed at improving financial sustainability, democratic governance and services to help the private sector develop.
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