EU Undermines Israeli Government Efforts To Drain Palestinian Finances
The EU has undermined efforts by Israel to stop the flow of money into the Palestinian Authority’s budget through an 85 million euro payment to the Palestinian administration. The payment is in addition to the 100 million euro payment approved earlier this year as part of funding for Palestinian state building efforts.
EU Commissioner Stefan Fule has called on EU states to continue to fund Palestinian state institutions through the PEGASE mechanism launched in February 2009.
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