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Monday, February 27, 2012

Taiwanese ministry denies plan to buy German submarines

U 214 ClassThe Ministry of National Defense yesterday denied a magazine report saying Taiwan plans to procure four German-made -diesel-electric submarines that were originally intended for Greece.

The Hong Kong-based Chinese-language magazine, Asian Week, reported in its latest edition that Greece had ordered four Type 214 diesel-electric submarines from German company Howaldtswerke-Deutsche Werft GmbH (HDW), but because Greece was struggling to save itself from bankruptcy and was unable to pay for the submarines, HDW planned to sell them to Taiwan.

The report said HDW would otherwise face bankruptcy.

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