VOL XXXI

NO. 20

22-FEBRUARY-1988

Financial and Banking News

AID FLOWS

European Parliament Freeze Soft Loans to Israel

The European Parliament refused last week to approve an agreement whichprovides Israel with around 50mn in soft loans from the European Investment Bankand with privileged access to EC markets. The action was taken to express theParliament's disapproval of Israeli treatment of Palestinians in the occupiedWest Bank and Gaza Strip. The EC Foreign Ministers meeting in Bonn last weekalso...