EU signs €400 million financial agreement for Palestine

Published on 25/09/2025 - 15:02 GMT+2

A €400 cardinal financing installation was formalised for Palestine during a signing ceremonial successful New York connected Wednesday, held alongside the UN General Assembly.

The programme is structured arsenic an intermediated facility, channelled done the PMA and section fiscal institutions, to amended entree to concern for micro, tiny and medium-sized enterprises (SMEs) arsenic good arsenic mid-cap companies.

The program is portion of an wide €1.6 cardinal EU installation implicit 2025–2027.

European Commissioner for the Mediterranean Dubravka Šuica and EIB Vice-President Ambroise Fayolle sealed the agreement, unneurotic with the Palestinian ambassador to the UN Riyad Mansour.

Šuica told Euronews the EU wants "to marque the Palestinian system vibrant" and to stimulate the backstage sector, creating opportunities to found SMEs.

The EU is the archetypal assistance supplier for the Palestinians.

Trump's remark connected Palestinian statehood

Šuica reacted to the caller designation of Palestine by galore countries, including Australia, Canada, France, Portugal and the UK, saying this would summation unit connected others to follow.

"There is simply a immense unit I think. At immoderate point, measurement by step, each countries volition beryllium alert that the lone solution is simply a 2 states solution," she said.

In his code astatine the UN connected Monday, US president Donald Trump complained astir countries recognising Palestinian statehood.

"We hold connected 3 things with Trump. The archetypal is the merchandise of the hostages, the 2nd is nary relation for Hamas, and the 3rd is the allowance of humanitarian assistance into the Gaza strip," the Commissioner said.

However, the she said she disagreed with Trump's conception that designation of Palestinian statehood was a "reward for Hamas" arsenic helium reiterated during his code connected Monday.

The concern successful the West Bank and East Jerusalem

In the West Bank and East Jerusalem, EU-funded organisations that supply a wide scope of enactment to Palestinians, person repeatedly reported that Israel, and peculiarly Israeli settlers, obstruct the effectual usage and implementation of these EU assistance programs.

The Commissioner said that it is important for the EU to "engage with Israeli authorities" and some Palestinians and Israelis should find communal crushed connected however to resoluteness the conflict.