France Will Pay €1.1 Bn To Russia For Cancelled Mistral Ships – Report – 27 April 2015

RT logoFrance plans to pay back costs for the Mistral helicopter carriers ordered by Russia if they are not delivered, returning €800 million and paying compensation for other expenses totaling €300 million, French media reports citing government sources.

Paris is expected to fund the compensation from €2 billion that Poland will pay to buy French helicopters, according to Le Journal du Dimanche.

The decision on compensating Russian costs for the Mistral ships hasn’t yet been legally formalized; however France and Russia will take another month to set the exact terms of the annulment of the contract for the Mistral war ships.

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