 BRUSSELS - The European Commission on Monday said it was injecting an additional 60 million euro (73 million dollars) into the Palestinian economy. âWe are taking very practical action to regenerate Gaza and help prepare the Palestinians for statehood,â the European Unionâs external relations chief Benita Ferrero-Waldner said in a statement.
| With a healthy contribution to Abbas' pension fund n the Caymens. |
The EU aid package includes a 40 million euro facility to help restore essential services such as water, transport and energy and a further 12 million euro for the vigorish governmental institution building.
An additional 8 million euro will go towards promoting health and education facilities, with a particular focus on East Jerusalem.
| Which doesn't belong to the Paleos. 8 million Euros is about $10 million -- that doesn't build a decent street corner strip mall in the U.S., so I don't see what it's going to do in Paleo-land. |
The Commission said it was also ready to help implement a six-point revival plan for the Palestinian territories drawn up by James Wolfensohn, the international envoy for Gaza. |