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EU allocates over $550 million to assist Palestinians

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The European Union will give 436 million euros ($552 million) to help the Palestinians rebuild the Gaza Strip after an Israeli assault at the start of the year, the EU mission in Cairo said Friday.
CAIRO, February 27 (RIA Novosti) - The European Union will give 436 million euros ($552 million) to help the Palestinians rebuild the Gaza Strip after an Israeli assault at the start of the year, the EU mission in Cairo said Friday.

Benita-Ferrero Waldner, the EU external relations commissioner, is expected to officially announce the allocation of the funds at a March 2 conference on Gaza reconstruction in the Egyptian resort of Sharm el-Sheikh.

The EU has urged that border checkpoints be immediately opened for delivery of humanitarian cargos to the enclave.

More than 1,300 Palestinians were killed during Israel's three-week military operation in Gaza in January. The attack was launched by Tel Aviv to try and prevent militants firing rockets at southern Israeli towns from the Hamas-controlled enclave.

Damage in the Gaza Strip from the Israeli airstrikes and ground operations was estimated at $1.5 billion.

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