Submitted by christian on Tue, 07/29/2014 - 15:22
The European Union appears powerless to stop the violence and the deadly conflict that has erupted in Gaza. As the Gaza death toll mounts given Europe’s role as Israel’s top trade partner and the biggest aid donor to the Palestinians, the EU should be able to exercise more influence and use its economic weight to put pressure on the belligerents.
Submitted by christian on Tue, 07/29/2014 - 11:39
This article below has been co-authored by Manuel Hassassian and Raphael Cohen-Almagor. It has been edited somewhat by AALEP. His Excellency Ambassador Manuel Hassassian is the PLO ambassador to the UK. He was a consultant to UNESCO, the Palestinian Negotiating Team on Refugee Final Settlement, and Minister of State Affairs – Head of the Jerusalem File.
Submitted by christian on Mon, 07/28/2014 - 10:51
Just as the EU is trying its best to revive a stagnant economy, attempting to mend a fragile debt market and tackle high unemployment, sanctions against Russia will hurt the economies of major EU member states such as Germany, Britain, Italy, Holland and France with Germany being hit the hardest.
As a block, the European Union exports about € 100 billion worth of goods and services to Russia and takes in roughly € 200 million of the latter's imports.