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German Government Denies Reports on Talks for a Loan to Israel

December 28, 1960
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Reports that negotiations were taking place for a West German Government loan to Israel were denied today by a Foreign office spokesman.

Remarking that such reports were regularly revived, the spokesman said that “there is nothing to it at all.” He also denied a report that the West German Government was planning to set up a semi-official mission in Israel like the Israel Purchasing Mission at Cologne.

Rumors of a West German loan to Israel, to go into effect when the Luxembourg restitution agreement expires, have been circulating since the meeting in New York last March between Chancellor Konrad Adenauer and Prime Minister David Ben-Gurion.

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