PARIS, France — French President Francois Hollande has acknowledged for the first time that France will have to give Russia a refund if it doesn’t receive the Mistral-class warship whose delivery has been suspended last year because of the conflict in Ukraine.
“If you don’t deliver, you must refund. So far, the delivery of the Mistral is not possible,” Hollande said at a press conference Wednesday with Ukrainian counterpart Petro Poroshenko.
A top French diplomatic official told journalists, including an AP reporter, that France has started negotiating refund payments in order to avoid paying financial penalties in case the deal …read more
Source: The Philippine Daily Inquirer
