The German government has agreed to grant Israel 140 million marks (the equivalent of more than $38 million) in economic aid for 1970. The money will be used for new housing projects, telephone networks, development of Lod Airport and for loans to be issued by the Industrial Development Bank. This is the sixth consecutive year that Israel has received such an amount from Germany.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
