{"id":455907,"date":"2026-06-08T12:48:46","date_gmt":"2026-06-08T10:48:46","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/06\/08\/al-via-il-finanziamento-di-bei-e-ue-da-400-milioni-per-le-imprese-palestinesi\/"},"modified":"2026-06-08T13:24:12","modified_gmt":"2026-06-08T11:24:12","slug":"eu-eib-roll-out-400-million-euro-financing-for-palestinian-businesses","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/06\/08\/eu-eib-roll-out-400-million-euro-financing-for-palestinian-businesses\/","title":{"rendered":"EU, EIB roll out 400 million euro financing for Palestinian businesses"},"content":{"rendered":"<p>Brussels \u2013 The massive European funding package of <strong>400 million euros to revive the Palestinian business sector<\/strong> has officially been launched. The agreement, signed in <a href=\"https:\/\/www.eunews.it\/en\/2025\/09\/24\/palestine-double-aid-package-from-the-eu-50-million-in-direct-aid-and-400-million-granted-by-the-eib\/\">October 2025<\/a> between the European Investment Bank (EIB), the European Commission and the <a href=\"https:\/\/www.pma.ps\" target=\"_blank\" rel=\"noopener\">Palestinian Monetary Authority<\/a> (PMA), is now entering its operational phase: <a href=\"https:\/\/www.eib.org\/en\/press\/all\/2026-198-eu-implements-palestine-facility-with-usd395-million-for-local-banks-and-eur2-1-million-in-technical-assistance\" target=\"_blank\" rel=\"noopener\">according to<\/a> the EIB, \u20ac395 million will be injected into local banks to support micro, small and medium-sized enterprises, while the remaining \u20ac2.1 million will be invested in technical assistance programmes.&nbsp;<\/p>\n<p><strong>Deputy Governor of the PMA,&nbsp;<strong><a href=\"https:\/\/ps.linkedin.com\/in\/mohammad-manasrah-4408b838\" target=\"_blank\" rel=\"noopener\">Mohammad Manasrah<\/a>,<\/strong>&nbsp;welcomed the news. <\/strong>&#8220;The implementation of this&nbsp;package marks a concrete step in reinforcing the Palestinian financial sector&#8217;s ability to support businesses during a period of exceptional strain&#8230; enabling businesses to continue operating, adapt to difficult conditions and sustain economic activity,&#8221; he noted.<\/p>\n<p>With this funding, the European Union is continuing the <strong>&#8220;<a href=\"https:\/\/north-africa-middle-east-gulf.ec.europa.eu\/news\/commission-announces-multiannual-programme-palestinian-recovery-and-resilience-worth-eu16-billion-2025-04-14_en\" target=\"_blank\" rel=\"noopener\">multiannual programme for Palestinian recovery and resilience<\/a>,<\/strong>&#8221; a <span>plan worth <\/span><strong>1.6 billion euros adopted <strong>&nbsp;<\/strong>by the EU Commission<\/strong>&nbsp;<strong>i<strong>n April 2025&nbsp;<\/strong><\/strong>to support Palestine\u2019s recovery and resilience over the next three years. Since October 2023, the EU\u2019s financial commitments to Palestine have amounted to nearly <strong>740 million euros in grants and loans<\/strong>.&nbsp;<\/p>\n<p>The funds will be distributed through five local banks: the <strong>Bank of Palestine<\/strong>, t<strong>he National Bank<\/strong>, <strong>Quds Bank<\/strong>, <strong>Cairo Amman Bank,<\/strong> and <strong>Palestine Investment Bank,<\/strong> to&nbsp;expand access to credit for Palestinian businesses that continue to face the severe economic pressures of the conflict. According to Gelsomina Vigliotti, Vice-President of the EIB, the EU is making funding available \u201cprecisely where it is most needed.\u201d Meanwhile, the Acting Director-General of the European Commission\u2019s Directorate-General for the Middle East, North Africa and the Gulf, <strong>Michael Karnitschnig<\/strong>, highlights that the fund allocated to Palestine \u201cis delivering tangible results\u201d because \u201cit is not just an investment in enterprises; it is an investment in jobs, resilience, and the future of Palestinians.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Of this money, 395 million euros will be allocated to five local banks to support micro, small and medium-sized enterprises; whilst the remaining \u20ac2.1 million will be invested in technical assistance programmes<\/p>\n","protected":false},"author":7896,"featured_media":232331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[25794,25871,34343,25911,27013],"class_list":["post-455907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-autorita-monetaria-palestinese","tag-bei-en","tag-european-bank-for-investment-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/455907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/7896"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=455907"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/455907\/revisions"}],"predecessor-version":[{"id":455908,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/455907\/revisions\/455908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/232331"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=455907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=455907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=455907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}