Romanian President Traian Basescu told private television Pro TV he pointed out during his visit to the United States that Romania cannot afford to buy F16 fighters without a long-term financing solution.

Romania may sign a contract to buy the planes only if a long-term financing solution is found, said the head of state.

Romania cannot afford to pay billions of dollars in the next five or six years, but will be able to pay up to $300 million annually, said the head of state. He highlighted the U.S. put no pressure on the country to buy the planes.

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