European Commission President Ursula von der Leyen said the Commission has raised nearly 900 million euros for the reconstruction of the Gaza Strip, according to a statement.
European Commission President Ursula von der Leyen announced that the European Commission has raised nearly 900 million euros for the reconstruction of the Gaza Strip. The statement updates the EU's new Gaza Initiative, which The Zioneer reported earlier today as worth €884 million, with support from 12 countries, the European Investment Bank, and the World Bank. The reconstruction of Gaza is estimated to cost over $70 billion, according to a previous report by The Zioneer. The funding is part of international efforts to rebuild the Strip, though the status of Hamas' control and the return of evacuees remain unresolved.
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Source and signal
- Internal intake
