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€500 Billion Over the Next 12 Years: A New Market Opportunity for Israel
The recent U.S. announcement imposing trade tariffs on European Union member states coincided almost simultaneously with Germany’s approval of an amendment to its Basic Law (Grundgesetz) allowing for the allocation of cumulative credit of up to €500 billion for infrastructure, transportation, and renewable energy projects. With the American market becoming less accessible, Israel now has a significant opportunity to expand its cooperation with Germany, both in infrastructure and defense industries.
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