EU leaders warn banks and contractors over West Bank settlements
Israeli lenders worry that British sanctions may target institutions financing expansion of settlements ahead of a bidding deadline for E1 construction.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
All EU leaders backed a warning to banks and contractors against funding West Bank settlements, ahead of the bidding deadline for E1 settlement construction. Israeli banks fear British sanctions could target lenders financing settlement expansion. Commentators read Britain's move as a warning to Israel about its settlement policy.
Timeline
- Oct 16, 11:15 PM ET: All EU leaders back a warning to banks and contractors against funding West Bank settlements before the E1 construction bidding deadline.
- Oct 17, 10:29 AM ET: Commentary says Britain's move is a warning to Israel that its West Bank settlement policy has consequences.
Coverage
- Britain’s lesson for Israel: The West Bank settlement policy has consequences (Jerusalem Post)
- EU warns against funding West Bank settlements as Israel's banks fear sanctions (Haaretz)
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