Contract for First Mistrals Worth Over 1Bln Euros

ST. PETERSBURG — Russia signed a contract worth more than 1 billion euros ($1.43 billion) Friday to buy two French warships — the largest military deal between a NATO country and Moscow to date that will likely worry some of Russia’s neighbors. President Dmitry Medvedev oversaw the signing ceremony in St. Petersburg, and French President Nicolas Sarkozy welcomed the deal in a statement released by his office. The […]