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Euronews
Euronews
Eleonora Vasques

EU signs €400 million financial agreement for Palestine

A €400 million financing facility was formalised for Palestine during a signing ceremony in New York on Wednesday, held alongside the UN General Assembly.

The program is structured as an intermediated facility, channelled through the PMA and local financial institutions, to improve access to finance for micro, small and medium-sized enterprises (SMEs) as well as mid-cap companies.

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