Posted on 06/18/2007 4:54:16 AM PDT by stm
GAZA CITY, Gaza Strip The emergency government that Palestinian President Mahmoud Abbas installed after Islamic militants seized control of Gaza reaped its first windfall on Monday, with the European Union promising to restore hundreds of millions of dollars in crucial aid.
On Monday, the European Union urged Israel to restore the transfer of tax revenue to Western-backed economist Salam Fayyad's new West Bank administration.
The EU traditionally has been the Palestinian Authority's largest donor, and the reinstatement of aid, cut off after the Islamic Hamas movement took power 15 months ago, could signal the beginning of the end to a crippling international boycott.
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