Germany To Spend $143 Million On Constructing Warships For Israel

Posted: December 16, 2014 in War Is The New Economy

SOURCE:  http://www.defenseworld.net/news/11695/Germany_To_Spend__143_Million_On_Israeli_Warship_Construction

SEE ALSO:  Russia and China Back Israel’s Online Trading Co. eToro

SEE ALSO:  Israel Seeks More U.S. Gas Partners


.

Germany To Spend $143 Million On Israeli Warship Construction

.

Source : Our Bureau December 15, 2014

Germany will spend up to $143 million of its federal budget to construct warships for Israel, Bild am Sonntag reported Sunday.

Israel will construct four warships worth $1.24 billion at the ThyssenKrupp Marine ship building plant in Kiel, the newspaper reported citing a confidential letter addressed to the German Budget Committee from the German Deputy Finance Minister Steffen Kampeter.

According to the letter, the Defense Ministry requires the funding to create “defense systems” for Israel.

Israel has previously raised a request with German government to finance the project partially, the report said.

Germany sent an advanced Dolphin-Class submarine to Israel as well as detonators worth 900,000 euros, according to the Spiegel last September.

The military equipment deliveries to the conflict areas have been long debated by the German lawmakers, with some arguing that aiding Israel does not contribute to the conflict settlement in the Middle East.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s