Financial Consequences Of The Mistral Deal For France: Better Cancel It!
Canceling the Mistral deal will have no influence over India buying 126 Rafale aircrafts from France for 12 billion euros and would open doors for 29 billion euros tenders in Poland and Australia. On the other hand, France would have to refund 700 to 800 million euros already paid by Russia and pay a penalty of 251 million euros in case of non delivery. Do the maths... The last financial argument against cancelling the Mistral deal is out! For months now, Russian medias and its French supporter the far right party Front National (who recently received a loan from Russian banks ammounting to 9 million euros) have been spreading fear that India might/would reconsider buying 126 Rafale multirole fighter aircraft as France would appear as an unreliable partner. The main goal of this was of course to try to influence French people and have them on the side of the delivery. India: +12 billion euros The last declarations from Indian Defense spokesman Sitanshu Kar are showing that...