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.