EU to Bail out Cash Strapped Palestinians

The EU is injecting another $59 million into the dysfunction Palestinian Authority. That is on top of $256 million that the EU has already given the PA this year alone. Why do Western countries always dish out cash for the Palestinians?

What about Saudi Arabia? They rake in billions of dollars a day from their oil exports. If the Saudis are so concerned about their Arab brothers in the West Bank surely they would give them money. Reuters

RAMALLAH, West Bank, Aug 20 (Reuters) - The European Union will give a financial boost on Wednesday to the cash-strapped Palestinian Authority to help Prime Minister Salam Fayyad pay public sector salaries, EU and Palestinian officials said.

The 40 million euro ($59 million) injection of funds comes on top of the 256 million euros in budget support disbursed so far this year by the European Union.

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