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Finally sold! Now that Egypt agreed to buy the Mistral-class helicopter carriers built for Russia, France can breathe a sigh of relief.

France's President Francois Hollande and his Egyptian counterpart Abdel Fattah Sisi have agreed on Wednesday on Egypt's acquisition of two Mistral-class ships.

"Over several weeks, we held talks on the Mistral sale with the Egyptian president… And yesterday a decision was made to provide the Mistrals to Egypt, we agreed with President Sisi on the terms and the price. France will not bear any financial costs from this agreement," Hollande told reporters.

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