EU Announces €120 Million Aid for Gaza

Israeli and Hamas negotiating teams have reached a ceasefire and hostage release deal, with Israeli Prime Minister Benjamin Netanyahu preparing for a cabinet vote to approve the agreement. The deal will enable the release of hostages, although there may be delays due to opposition within the Israeli government. In the aftermath, the European Commission announced a €120 million humanitarian aid package for Gaza, aimed at addressing the ongoing humanitarian crisis exacerbated by the conflict. This funding is part of a larger commitment, bringing the EU's total aid to Gaza to over €450 million since 2023. European Commission President Ursula von der Leyen emphasized the dire humanitarian situation in Gaza, which remains critical despite the ceasefire. Additionally, reports indicate that airstrikes continued in Gaza even after the ceasefire announcement, raising concerns about the stability of the agreement.