Israel purchased four advanced surface German vessels for €430 million and Germany pledged to reciprocate with a purchase of Israeli ships totaling €161 million.

According to AP and Jerusalem Post, Israel's Defense Ministry announced the agreement today and Dan Harel, the Defense Ministry's director-general, said the deal marked a “dramatic jump in the navy's defensive capabilities.”

Israel is interested in improving its naval capabilities after the discovery of gas resources in its exclus...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now