The Politicus

Create | Share | Influence

Why does Germany subsidize the Dolphin-class submarines sold to Israel?

0
The Politicus
Jun 30, 2022 09:52 AM 0 Answers
Member Since Sep 2018
Subscribed Subscribe Not subscribe
Flag(0)

Wikipedia article says -

On 6 July 2006, the Government of Germany decided to finance an advance to start the construction, about €170 million, planned for delivery in 2012.[31] The two submarines cost, overall, around €1.3 billion, of up to one-third was subsidized by Germany.[25] In 2010, both Israel and Germany denied having talks regarding the potential purchase of a sixth submarine.[32] Yet in 2011, Israel ordered a sixth Dolphin-class submarine, for which it was reported to pay the unsubsidized cost of US$1 billion.[33] However, in July 2011, during a meeting between German Defense Minister Thomas de Maizière and Israeli Prime Minister Binyamin Netanyahu, and Defense Minister Ehud Barak, an agreement was reached to subsidize €135 million of the US$500–700 million cost of the sixth submarine.

Why does Germany subsidize the Dolphin-class submarines sold to Israel?

0 Subscribers
Submit Answer
Please login to submit answer.
0 Answers
Sort By:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.