EU Warns Banks on Settlement Funding Ahead of E1 Deadline
Summarized from Haaretz English by baba
The European Council warned financial institutions against funding West Bank settlement construction ahead of the E1 bidding deadline. All EU leaders backed the statement, which targets banks and contractors. Israeli banks are concerned about potential British sanctions on lenders financing settlement expansion.
The story in 4 lines · by baba
- EU leaders warned financial institutions against funding West Bank settlement construction.
- The warning comes days before the E1 settlement construction bidding deadline.
- Israeli banks fear potential British sanctions over settlement financing.
- All EU leaders supported the warning to banks and contractors.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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