Media reports say that the European Union late Monday reversed an earlier announcement by an EU commissioner that the bloc was “immediately” suspending development aid for Palestinian authorities and instead said it would urgently review such assistance in the wake of the attacks on Israel by Hamas to make sure no money was misused.

“There will be no suspension of payments” at the moment, a terse European Commission statement said late Monday, five hours after EU Commissioner Oliver Varhelyi had said that all payments from the development program for Palestinians would be “immediately suspended, according to the Associated Press (AP).

All projects put under review and new budget proposals are postponed until further notice.

AP notes that no immediate explanation for the reversal was given. A full European Commission statement always trumps a statement from an EU commissioner, but the reversal on a 691 million-euro ($730 million) program capped an embarrassing day at the EU’s executive at a time of extreme geopolitical sensitivities.

Since Saturday, support of the 27-nation bloc for Israel had been steadfast, including that the country had now every right within international law to defend itself in the war with Hamas.

The surprise announcement by Varhelyi on development aid came just hours after EU officials stressed that no EU money whatsoever was going to Hamas in the first place and that contacts had been frozen for 16 years.  The EU considers Hamas a terror group.

After hours of uncertainty over how deep the measures would reach and whether they would possibly also affect aid to those in immediate need, the European Commission said there was no suspension for now, but said it started “an urgent review of the EU’s assistance for Palestine.”