Europeans Plan Partial Bailout of Palestinians - New York Times:
Funding terrorists is crazy. This business of 'they haven't formed a government yet, so Hamas is not yet in power' is only a ploy to buy time.
Later in this article it states that the Palestinian Authority has 135, 000 people on its payroll, about 7% of the population ...a population in which 43% are under 14 years of age.
Is there no industry or private gainful employment in The West Bank and Gaza? The unemployment rate is near 20%.
"The acting Palestinian finance minister, Jihad al-Wazir, said there was an immediate need for '$60-80 million next week to begin to pay wages,' Mr. Wolfensohn wrote in the letter to Quartet foreign ministers, warning of 'wide-ranging consequences' for 'security and stability for both the Palestininians and the Israelis.'"
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