Times of Israel – Senior European Union officials stationed in East Jerusalem and Ramallah have recently recommended that the organization curb trade with Israelis located beyond the Green Line and cease financial support for them.
The move is seen as another indication of the EU’s growing frustration with Israeli settlement policies and the stagnating peace process, but the imposition of any kind of concrete sanctions against Israel remains unlikely.
Source Article from http://www.algemeiner.com/2013/02/27/eu-officials-curb-trade-with-cease-financial-support-of-settlements/