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Europe Daily Bulletin No. 7863

14 December 2000
THE DAY IN POLITICS / (eu) eu/palestine
Commission creates new financial facility (90 million euro) to cover costs of Palestinian Authority

Brussels, 13/12/2000 (Agence Europe) - The European Commission has decided to create a new financial facility (90 million euro) to cover the costs of the Palestinian Authority. Credits will be taken from the budget of the Meda Programme. The Council has already decided along these lines, given the fact that Israel has suspended the payments of its share (in the form of VAT refunds and other tax revenue that the Palestinian Territories collect but that go to the West Bank and Gaza Strip) in...

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