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BRUSSELS – The European Commission said on Monday it was putting its full portfolio of development aid to Palestinians, worth 691 million euros ($728.66 million), under review and immediately suspending all payments.
“The scale of terror and brutality against Israel and its people is a turning point,” Oliver Varhelyi, the European Commissioner for the EU’s neighborhood, said in a post on social media platform X. “There can be no business as usual.”
Hamas militants killed 700 Israelis and abducted dozens in the deadliest such incursion since the Yom Kippur war 50 years ago, prompting Israel to retaliate with its heaviest ever bombardment of Gaza, killing more than 400 people.
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