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France Folds; Suspends Shipment Of Russian Warship - NATO Allies Pleased
France is suspending the delivery of the 1st of 2 hulking Mistral warships to Russia amid security concerns about Moscow's actions in neighboring Ukraine, AP reports President Francois Hollande's office said Wednesday. Hollande's change of mind - as he begs Draghi to devalue the EUR and Schaeuble to lift the deficit limits in Europe - comes at a time when the French economy can hardly cope with losing a few billion (which he previously said was too costly to cancel) but as he explains, Russia's recent actions harm "the foundations of security in Europe." We will see what Hollande got for this... or how he was blackmailed - but for now NATO allies have commented that they "welcome the French Mistral sale suspension."
Despite a possible cease-fire in Ukraine, "the conditions that would allow France to authorize the delivery of the first Mistral-class ship aren't met as of now, " the Elysée Presidential Palace said in a statement released after a gathering of country's defense council around Mr. Hollande.
As AP reports,
France is suspending the delivery of a hulking warship to Russia amid security concerns about Moscow's actions in neighboring Ukraine, President Francois Hollande's office said Wednesday.
The announcement comes a day before the start of a NATO summit and after months of pressure on France from allies to suspend the sale amid tensions between Russia and Ukraine.
Hollande's office, in a statement after he met with top defense advisers, called the fighting in eastern Ukraine "grave," and said Russia's recent actions harm "the foundations of security in Europe."
The Vladivostok, the first of two Mistral-class helicopter carriers ordered by Russia, was to be delivered next month. The second — named Sevastopol, ironically, after a port in Russian-annexed Crimea — has been slated for delivery next year.
Despite talk Wednesday of a possible cease-fire in Ukraine, Hollande said that's not enough to allow France to authorize the delivery of the Vladivostok. His office made no mention of the second warship.
As recently as July, Hollande said the deal was too costly to cancel, and even this week, his advisers had indicated that France was ready to go ahead with the first delivery. In July, the president said that the Russians had paid for the ship, and France would have to reimburse 1.1 billion euros ($1.5 billion) if it cancelled the delivery.
Unyielding to months of pressure from allies — including from some U.S. senators — French officials had argued that France needed to respect an agreed contract, and said recent sanctions against Russia didn't apply retroactively to the contract agreed three years ago.
French officials have also argued that the ship would be delivered without any weapons.
And Bloomberg notes:
- *NATO OFFICIAL: ALLIES TO WELCOME FRENCH MISTRAL SALE SUSPENSION
* * *
How long before France gets special exemption on running bigger deficits?
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brilliant, french government run from Poland?
what a way to get the Russian economy moving
what a way to get the Russian economy moving
A grand imperial chess game at hand...one wonders when the Europeans will truly fold? Probably just after Russia shuts off their gas during the first cold spell.
http://olduvai.ca
guys guys, i'm new to this.
how do I short France?
do I just borrow a crossiant, sell it, and buy it back when it's all moldy?
If you get a baker's dozen of those, you can probably pool them and sell mortgage-backs to unwary NATO members.
Hey, don't knock real French Croissants
(if you can still get one)--they are absolutely
the best thing France has ever produced.
Of course, now even in France, the real thing
is becoming hard to get, and the fake croissants
taste like Wonder Bread franchise products
just like anywhere else in the world.
Be sure to hedge using rich buttery sauce futures.
Ze croissant is neverrr mouldy; ze croissant is croustillant and eaten before it moulds.
we are talking about ze most highest form of culinary magic, like chanel N° 5 for ze perfume!
Allons les enfans...;don't play with ze croissant; its sacred!
There was an interesting case of five Israeli built torpedo boats that had been paid for by Israel and constructed in Cherbourg, France. The French had an arms embargo in effect so the ships were not delivered to Israel. In December 1969, in a secret operation Israeli sailors seized the vessels and took them to Israel
Surrender monkeys right until the end.
Maybe the peshmerga can use them? Never mind they're a landlocked mountain people...details. The Isis threat must be crushed!
Anyone daring to compare JEWS or BLACK PEOPLE with MONKEYS, would immediately, and rightly, be denounced as a nasty racist (or some sort of nazi) ... But it seems that in this country, which in fact owe its independence to the French, this kind of ugly anti-french racism is pretty well tolerated …
And they'd all be speaking le Nazi if not for us. We are sort of linked in that way to them Frogs, and them Frogs to us.
Even when the Germans occupied France the French didn't learn German. France and the French have been around a long time. They have survived many invasions and despite these they have always succeeded to keep on speaking their language. And in fact the French - surrounded by the Germans, English, Dutch, Italians and Spaniards (among others) - succeeded to win and guard the largest country in the very heart of Europe.
They should have kept the French Franc while they were at it
For sure !
As a child, I lived in Morocco in the 1950's right after the French left. I've had a pretty stong dislike for most things French every since.
relax I don't think these jokes show "hatred" for the french (ok maybe the Parisians :)
we're just sick and tired of the EU sucking up to uncle sam, tha's all.
I will buy some french wine:) that was a great move, not for france but for the russian people. 2 warships are worth about 5 bilions. Well, that crazy putin should know that russia could use 5 bilions to improve their schools, hospitals, reduce infractionality and also alcoholism. not to mention roads:))
Actually, why is putin buying all these weapons? who is attacking russia?:)) cause i only see russians going in other countries and producing problems. So, again, who stole any 1 m2 of russian territoriy to justify investing bilions in a shithole army? Is he the same breed like Kim- Jong-un? That guy is using the same rethoric to keep milions in deep poverty. "West is attacking us":) let's spend all our money to build a huge army. For what? They will not use it. Is their personal toy.
NATO close to russian borders? well, dont give me that, is cheap: NATO was there in the last 15-20 years, nothing happened. West takes 1 week to impose some crappy sanctions and you putin lovers's, ZH readers, tell us that West is conductiong war agains russia? OMG, you are, at least, ------ easy to work with:)))
Morons!!
They have just relieved Russia from billions of extra expense, thereby blunting the economic effect of their sanctions.
Obviously, the contingency planning for the aftermath of the U.S. sponsored coup in Kiev was somewhat lacking.
Classic clusterfuck!
seems like AP at it again. Russia does not seem to have gotten any notice of suspension of delivery.
http://en.itar-tass.com/russia/747981
You can't believe anything they write nowadays.
no big deal they can just sell it to ISIS
they arent being sanctioned
next please
Hollande just did the Russians a favor. China can build the ships faster and cheaper than the Frogs.
I don't hate the Frogs, but my mother did. She once returned an item to the supermarket when she read the label at home and saw it was a product of France. I am however very proud of the fact that two of my ancestors fought in the Battle of Trafalgar aboard HMS Mars.
Ah finally Hollande was Hollowed out in the Bummer's bed.
Took a long time but the Bummer has prevailed ( upto now)
Putin's boot however, will now, find it easier on the enlarged Hollande's bottom(hole) to dispense an apt response
surrogates will be surrogates until they have drunk the chalice to its dregs...
hahahaha... wow big effin' surprise
and now this:
“we demonstrated the ability to build such ships, all the more so that now we have shipyards with dry docks in Crimea and they presuppose ability to build ships of this class, he said.
Yes THAT CRIMEA
That there was some low hanging fruit.
The Europeans are totally spineless.
They do EVERYTHING the big,bad bankrupt US tells them too.
Whether it's violating they're own laws (UBS and Credit Suisse rolling over on US clients), or stopping delivery of a warship that's already been paid for one thing is constant:
Being a subserviant, lapdog, pussy.
The French will deliver the ship at the end.
Their reputation as a credible, reliable partner is at stake.
Not like USA`s reputation of being reliable to deliver those fighter jets to Iraq for how many years now.. /sarc
Hollande & Merkel - the two biggest sell-out twat US vassal puppet douche bags in the world.
sale them to Ukraine
YATS----en---------YUK
has alot of IMF moneys?
France would have to DONATE them to the Ukraine-those cockroaches are BROKE BROKE BROKE
And it's also very telling how Omaba hasn't presented any evidence of the alleged invasion of Ukraine by Russia. Very telling. Don't you feel dumb for falling for the same lies over and over? If not, you really should.
France also sells anti-ship missiles "Exocet".
They cost only a few million and can destroy these bulky aircraft carriers in minutes.
The USG check just arrived.
So all this talk of Russian invasion and sanctions... seriously, what is the evidence of Russian Federation involvement in Ukraine again?
Is our foreign policy and the narrative of the chattering class based on the say-so of the puppet regime in Kiev, already responsible for a few brazen lies [or at least claims they could not back up such as the shoot-down] as well as shelling and burning of its own people?
Where's the beef, as it were?
Could be costly mistake if Russia takes their due refund and walks away.
But then again I think I read somewhere that another buyer (NATO) could be lined up for the purchase.
Its not as if it was a fully operational ship, it was going to be in a dock in Russia for 2 years having weapons fitted.
And the plan was for France to build 2 and Russia to build 2 so Russia just starts earlier and builds all 4, creates some jobs, spends money at home and gets a refund from the frogs.
As always this is not especially bad for Russia and effects the other party worse. But not the US, just its sucker puppets.
So, no actual change on the supply of the French carrier, just Hollande trying to avoid the flack at NATO in Wales
PARIS, September 3 (RIA Novosti) – The delivery of first Mistral-class helicopter carrier, built for Russia under the 2011 contract, has not been put off yet, as the statement made earlier on Wednesday reflected personal position of President Francois Hollande, a French diplomatic source said Wednesday.
“From the legal standpoint, nothing has changed; the delivery is due November 1. It is a matter of president’s political stance. The head of state said that in the current circumstances, as of today - and if these circumstances do not change – he would not approve delivery of the Mistral,” the source said.
Hollande’s position remains the same, according to the diplomatic source. Russia has to undertake the steps essential to reach a political solution to the crisis in eastern Ukraine to receive the Mistral warships on time.
“The final decision will be made in October following a number of procedures,” the diplomatic source added.
Earlier on Wednesday, the office of President Francois Hollande released a statement, saying that the head of the country concluded that the conditions, under which France could authorize the delivery of the first helicopter carrier are not in place.
What a disgusting little whore. Hollande est une minable petite putain.
Hollande loses last little bit of dignity
Now, which "Non-Sockpuppet of the US" Nation-State will buy Defense Items and Services from France?
Kinda like a dirt poor bum suddenly refusing to sell his flat screen TeeVee for food money-it wont end well for him...this will be great in helping unemployment!