After a year of negotiations, French President François Hollande confirmed Friday that his government would refund Russia a sum “under €1.2 billion” for not delivering two Mistral warships.
Exactly how much France must pay has been the subject of much media speculation. Le Figaro reported that the bill would end up being below €1 billion. Russian media says the money has already been wired.
What is clear is France will repay all the money Russia spent for the ships — reportedly €785 million — and the costs that Moscow incurred in training troops to operate them.
Speaking to journalists in Egypt at the …read more
Source: European Voice
