France will refund all of the money Russia already paid for two undelivered Mistral warships, but the final sum will be lower than the almost €1.2 billion Russian media reported last week.
The two countries signed a contract for the sale of the warships in 2011. The first ship was to be delivered in 2014. But under significant pressure from the EU and U.S. over the Ukrainian conflict, French President François Hollande suspended the deal last year.
Since then, Russia and France have been locked in talks about how much money France will have to pay to terminate the contract. Russia wanted …read more
Source: European Voice
