EU announces 1.6 bn euros in new aid for Palestinians

TDT | Luxembourg

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The European Union on Monday announced a new three-year financial support package for the Palestinians worth up to 1.6 billion euros ($1.8 billion).

The fresh aid pledge came just ahead of a meeting between Palestinian prime minister Mohammed Mustafa and EU foreign ministers in Luxembourg.

"We are stepping up our support to the Palestinian people. €1.6 billion until 2027 will help stabilise the West Bank and Gaza," EU foreign policy chief Kaja Kallas wrote on X.

The EU is looking to boost the Palestinian Authority (PA) as Israel has resumed its war in Gaza after a ceasefire largely put a halt to the fighting for two months.

"This will reinforce the PA's ability to meet the needs of the Palestinian people in the West Bank and prepare it to return to govern Gaza once conditions allow," Kallas said.