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France offers Mistral contract termination, hopes to get off cheap

Posted by ipso facto @ 10:51 on May 15, 2015  

France has proposed to terminate the Mistral ships contract, offering €100mn less than Moscow paid upfront, not to mention other costs, and only after Russia allows selling the helicopter carriers to a third party, sources told Kommersant newspaper.

The sum which has been offered to Moscow, the paper has learned, is €784.6 million ($895 million), which is substantially less than €1.163 billion ($1.33 billion) Russia has reportedly spent on the military project – including the advance payment, training and new infrastructure.

more http://rt.com/news/258805-french-mistral-termination-offer/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.