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    Home » World politics » The EU: “The reconstruction of Gaza will cost €71 billion”

    The EU: “The reconstruction of Gaza will cost €71 billion”

    Figures released by the EU’s High Representative, Kaja Kallas: “We will take charge of Gaza’s recovery,” she assures. Norway: “Let’s get started on the projects straight away.” The Palestinian Prime Minister: “International support remains essential”

    Emanuele Bonini</a> <a class="social twitter" href="https://twitter.com/emanuelebonini" target="_blank">emanuelebonini</a> by Emanuele Bonini emanuelebonini
    20 April 2026
    in World politics
    Mandatory Credit: Photo by Omar Ashtawy/APAImages/Shutterstock (16497571m)
Palestinians inspect the damaged and largely destroyed building after the Israeli army targeted it in Nasser neighborhood of Gaza City, Gaza on January 31, 2026. At least 29 Palestinians were killed at dawn on Saturday in a series of Israeli airstrikes targeting various areas across the Gaza Strip. Since ceasefire took effect in early October, Israeli actions have killed more than 524 Palestinians.
Palestinians inspect the damaged and largely destroyed building after the Israeli army targeted it in Nasser neighborhood, Gaza city, Gaza Strip, Palestinian Territory - 31 Jan 2026

    Mandatory Credit: Photo by Omar Ashtawy/APAImages/Shutterstock (16497571m) Palestinians inspect the damaged and largely destroyed building after the Israeli army targeted it in Nasser neighborhood of Gaza City, Gaza on January 31, 2026. At least 29 Palestinians were killed at dawn on Saturday in a series of Israeli airstrikes targeting various areas across the Gaza Strip. Since ceasefire took effect in early October, Israeli actions have killed more than 524 Palestinians. Palestinians inspect the damaged and largely destroyed building after the Israeli army targeted it in Nasser neighborhood, Gaza city, Gaza Strip, Palestinian Territory - 31 Jan 2026

    Brussels – “It is estimated that the reconstruction of Gaza will cost at least €71 billion.” The announcement was made by the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, during the meeting of the Liaison Committee for Palestine (Ad Hoc Liaison Committee, AHLC), and serves to highlight the scale of the work required in the Palestinian territories, in addition to the destructive force of the Israeli armed forces in their military response to Hamas, which has already recognised as excessive by the international community and for which an international arrest warrant has been issued for the Israeli Prime Minister. “We have been working for four months with the World Bank and the United Nations on this assessment, which was published today,” Kallas explains, assuring that “we will take care of the recovery” of the Palestinian economy, and in this regard, “the final assessment of the damage and needs in Gaza will determine what is required.” 

    First and foremost, there must be a genuine end to Israel’s actions in the Strip, as further raids would certainly drive up the cost of reconstruction. Then, Kallas continues, “Israel must release the withheld tax revenues: this money belongs to the Palestinian people.” These are resources needed to enable the administrative functioning of a torn-apart territory. 

    The international community must, however, take immediate action. “Gaza needs money; it needs measures and projects,” urges Norway’s Foreign Minister, Espen Barth Eide, and it needs them now. “While some work has begun, the reconstruction currently underway is still minimal” compared to the sheer scale of the task ahead, he warns.

    This sense of urgency was also echoed by the Palestinian Prime Minister, Mohammad Mustafa, who sees reconstruction as primarily a matter of rebuilding the human and social fabric: “Six months of a ceasefire have achieved little from a humanitarian perspective, and 85 per cent of the population is unemployed,” he laments. Faced with this situation, “international support remains essential,” even though it is not only Gaza that needs to be rebuilt: “Gaza and the West Bank must be unified under a single authority.”
    English version by the Translation Service of Withub
    Tags: gauzemiddle eastnorwayue

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