European Union foreign policy chief Josep Borrell on Saturday protested against a possible ban on financial aid to the Palestinian Authority because of content deemed hateful and anti-Semitic in Palestinian textbooks.

"The Palestinian Authority is in a critical situation and is at risk of bankruptcy if EU funding is banned. As the supreme representative (of the bloc), I will not allow that to happen," Borrell told AFP in Stockholm, where he has been participating since Friday in a meeting of European Union foreign ministers.

The EU aid amounts to 300 million euros a year.

Thus, Borrell directly opposes his Hungarian colleague, Commissioner for Neighborhood and Enlargement in the European Union, Oliver Varhelyi, who announced Friday that the Commission will fund a "second study of Palestinian textbooks" to verify its content at the request of members of the European Parliament.

The European Parliament approved the European budget for 2021 on Wednesday, but again requested that "the union's financial support to the Palestinian Authority in the field of education be subject to the condition that the contents of textbooks comply with UNESCO standards, and that all anti-Semitic references and examples that incite hatred and violence be removed."

"We have a common interest in providing the next generation with an education that supports peace and coexistence," Oliver Varhelyi wrote on Twitter.

However, Borrell replied, "The European Commission and the External Procedures Department have dealt with this issue with the Palestinian Authority. We do not need a new study or anything that would delay the disbursement of the financial assistance that the Palestinian Authority needs."

He added, "The disbursement of European aid was delayed for two years, and this led to depriving people of the necessary assistance," warning that "it is out of the question to search for excuses to ban this financial aid. I am firm in this regard."