Germany says it will help finance four new Israeli warships

The mass-circulation Bild am Sonntag newspaper reported on Sunday that Berlin had earmarked up to 115 million euros for the warships -- which would cost around 1 billion euros in total.

By REUTERS
December 15, 2014 16:46
The navy patrols off the coast of Gaza on Monday

Navy patrols off the coast of Gaza. (photo credit: YAAKOV LAPPIN)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

BERLIN - Germany plans to finance part of the cost of four new corvette warships for the Israeli navy made by German firm Thyssen Krupp under a deal struck with the Jewish state in November, the government said on Monday.

Following approval by German parliament's budget committee the contract could be finalized before the end of this year, government spokesman Steffen Seibert said.

Be the first to know - Join our Facebook page.


As part of its atonement for the Nazi Holocaust, Germany is committed to Israel's security and has often helped pay for the cost of military equipment such as submarines.

The mass-circulation Bild am Sonntag newspaper reported on Sunday that Berlin had earmarked up to 115 million euros for the warships -- which would cost around 1 billion euros in total.

Seibert declined comment on the size of the German contribution.

Related Content

Prime Minister Netanyahu, Defense Minister Barak.
July 17, 2018
Ehud Barak: Netanyahu must be stopped

By GIL HOFFMAN