Facebook said it wanted to make its social media platform a "hostile environment" for terrorists in a statement issued after attackers killed seven people in London.
€120 million is assigned to fund equipment for public free Wi-Fi services in 6,000 to 8,000 municipalities in all member states.
The European Union has approved a proposal to implement Europe's very first mandatory social media restrictions.
Facebook also claims that the legal challenge against user data transfers from the EU to US was “deeply flawed”, and that sufficient privacy protections are already in place.
Online content is increasingly being accessed using portable devices, however when travelling abroad content might be blocked.