EU to boost financial support for Palestinian Authority
- The European Union will announce financial aid of €1.6 billion for the Palestinian Authority, as stated by Dubravka Šuica.
- Of the total aid, €1.2 billion will be given as grants, while €400 million will be loans from the European Investment Bank and the European Fund for Sustainable Development.
- A meeting involving PA Prime Minister Mohammad Mustafa and EU Foreign Minister Kaja Kallas will occur today in Luxembourg, marking a new dialogue between officials.
- ŠUica emphasized that the initiative aims to support Palestinian authorities and promote infrastructure development and a democratic government in Gaza and the West Bank.
109 Articles
109 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.
Coverage Details
Bias Distribution
- 35% of the sources lean Left, 35% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage