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Article: Frigates may cost Romania up to 800 million euros.
- Article from:
- Bucharest Daily News (Bucharest, Romania)
- Article date:
- June 13, 2006
CopyrightCOPYRIGHT 2006 Bucharest Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Alecs Iancu
Jun. 13--Costin said the frigates deal did not refer only to the purchase, but also to the maintenance of the two ships.
The scandal surrounding the acquisition of the two British frigates continues to set the media on fire, as fresh reports suggest Romania may have to pay up to 800m euros for their modernization.
Romania may pay up to 500 million pounds (800 million euros) for additional modernization works on the two British frigates it bought in 2003, according to several press reports yesterday.
The frigates, King Ferdinand and Queen Mary, whose acquisition by the Defense Ministry prompted controversy and ...