Article

2024-07-21 Israel-Palestine-Jordan

EU promises $435m in aid over fear of Palestinian Authority's collapse

They’ve been looking for an excuse to do so.

[GEO.TV] The European Commission said on Friday it would provide the Palestinian Authority with 400 million euros ($435.5 million) in emergency financial support in the coming two months amid concerns within the EU that the authority could collapse.

The money will be disbursed in the form of grants and loans in three payments between July and September, subject to progress in the implementation of the reform agenda of the Palestinian Authority, the Commission said in a statement.
grants and loans which will disappear like dust
It had earlier signed a letter of intent with the PA setting out a strategy to address its budgetary and fiscal situation.

"Together, we are laying the groundwork for economic and political stability in the West Bank," European Commission President Ursula von der Leyen said.

Posted by Fred 2024-07-21 00:00|| || Front Page|| [11154 views ] Top
File under: Palestinian Authority

#1 We Jews are very patient People with very long memory.

Posted by Grom the Reflective 2024-07-21 01:52|| 2024-07-21 01:52|| Front Page Top

#2 As we have seen Aid stolen by them, many times in the last 7+ months. Is it Aid, or HAMAS and other terrorist groups backdoor funding?

Posted by NN2N1 2024-07-21 05:49|| 2024-07-21 05:49|| Front Page Top

#3 Why is a PA collapse a fearful thing? Bury them deep and avoid the stench.

Sounds like a graft to me.

Posted by alanc 2024-07-21 12:34|| 2024-07-21 12:34|| Front Page Top

#4 Make it 'matching funds' to their withdraws from 'personal' bank accounts.

Posted by Procopius2k 2024-07-21 13:26|| 2024-07-21 13:26|| Front Page Top

#5 If Trump gets in, for every Euro spent, deduct it from aid x3.

They’re rich, let them fund it.

Posted by Cravirt Poodle4329 2024-07-21 16:52|| 2024-07-21 16:52|| Front Page Top

#6 The countries may be 'rich' but their citizens are another matter.

Posted by Procopius2k 2024-07-21 18:34|| 2024-07-21 18:34|| Front Page Top

11:21 SteveS
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