On February 1, 2012, the Government of the Federal Republic of Germany and the Government of Israel signed an agreement whereby Germany will support Yad Vashem to the sum of one million euro annually, from 2012-2021. The agreement signifies the German government's wish to help facilitate Yad Vashem’s various activities in Israel and globally which further commemoration, documentation and education of the events of the Holocaust.
German Foreign Minister Guido Westerwelle, and Israeli Education Minister Gideon Sa’ar, signed the agreement at Yad Vashem’s Research and Administration Building, in the presence of Hildegard Muller, Chairman of the Management board, BDEW German Association of Energy and Water Industries and the Chairperson of the Society of Friends of Yad Vashem in Germany, and Avner Shalev, Chairman of Yad Vashem.
"The German government recognizes Yad Vashem as the world center for Holocaust documentation, research and education, and understands its special meaning for the Jewish people and the world at large,” said Yad Vashem Chairman Avner Shalev. “This agreement strengthens the obligation of the German government and the German people regarding Holocaust remembrance."
Education Minister Gideon Sa'ar said that the agreement constitutes an important source of funding, and will be used to expand Yad Vashem's activities and to locate and purchase significant Holocaust documents from archives in Europe, making them accessible to the public via the internet.