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Palestinian president Mahmud Abbas drew widespread condemnation Wednesday, including from the European Union and the United States, over alleged anti-Semitic comments suggesting the "social function" of Jews in banking had led to past massacres.

"Yad Vashem also rebuffed Abbas' claim that a transfer agreement between the Jewish Agency and the German Nazi government, allowing some German Jews emigrating to pre-State Palestine to recover some of the money they left behind, constituted Nazi support for Zionism".

PM Netanyahu called for worldwide condemnation of "anti-Semitism" by Abbas over remarks on Monday in which the Palestinian leader suggested historic persecution of Jews in Europe was caused by their own conduct.

"I call on the worldwide community to condemn Abu Mazen's severe anti-Semitism; the time has come for it to pass from the world".

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Relations between the U.S. and Palestinian leadership have broken down over the controversial American plan to move its Israeli embassy from Tel Aviv to Jerusalem. "Instead of blaming the Jews, he should look in his own backyard to the role played by the Grand Mufti in supporting Adolf Hitler's Final Solution", they added.

And how irresponsible for Abbas - a world leader of sorts - to spew such low-level, garden variety anti-Semitic canards.

In Jerusalem, UN Middle East envoy Nickolay Mladenov called Abbas' comments "deeply disturbing".

The offensive parts of Abbas's Monday speech were not included in the official Palestinian news agency's English press release of it or in most initial global coverage of his speech, The Times of Israel noted.

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Meanwhile, Israeli PM Netanyahu and the US Ambassador to Israel have condemned Abbas for this antisemitic speech. Leaders must confront #antisemitism, not perpetuate its conspiracy theories. The foreign Minister Heiko Maas reminded the Palestinian leader that his country is responsible for "one of the worst crimes in human history".

Abbas, 82, made his remarks in the West Bank city of Ramallah at a rare meeting of the Palestinian National Council, the de facto parliament of the Palestine Liberation Organization (PLO), which Abbas heads. A month earlier Abbas had said that the Palestinians would not allow the Jews to defile the holy places in Jerusalem with their "filthy feet". Even basic acquaintance with Jewish history would teach Abbas not only that the Jews pursued, then and now, a wide variety of professions and occupations, but that the majority of them at that time were impoverished.

Abbas has already faced accusations of Holocaust denial based on his 1982 doctoral dissertation titled.

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