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EU allocates PA over €270 million

“The European Union’s (EU) response to the Coronavirus crisis in Palestine has reached approximately 270.2 million euros. Financial tools have also been allocated at a total of 103.3 million euros to the private sector and financial sector institutions, particularly through the provision of loans and guarantees for loans. Therefore, the total of this entire package reaches 373.5 million euros, of which the total of the new money stands at 181.2 million euros, including a grant of 77.9 million euros and financial tools totaling 103.3 million euros.”