German newspaper reports Merkel gov’t helping to finance 4 new warships for Israeli navy in €1 billion deal, as defense cooperation between Germany & Israel strengthening.
By Eldad Beck, Berlin
Israel is buying four ships from Germany with a total value of one billion euros, German newspaper Bild am Sontag reported Sunday, claiming possession of a leaked official memo, and Berlin will contribute a significant amount of funding. The project will be funded largely by Israel, but the German government plans to invest 115 million euros in the construction project.

President Rivlin onboard the Tanin, a German-made sub sold to Israel.















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