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In case France refuses to deliver Mistral ships, the penalty may ammount to €3 bln — media

November 26, 2014, 11:19 UTC+3
The sum is comprised of the €1.2 billion the contract is worth and a compensation of €800 million for each of the ships
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© ITAR-TASS/Vadim Zhernov

Infographics Mistral helicopter carrier Mistral helicopter carrier
Russia will purchase Mistral-class helicopter carriers from France. Infographics by TASS
PARIS, November 26. /TASS/. If France doesn't deliver Mistral helicopter carriers to Russia, the penalty may ammount to €3 billion, the Le Parisien newspaper reported Wednesday. The sum is comprised of the €1.2 billion the contract is worth and a compensation of €800 million for each of the ships.

No official confirmation has been yet received. Earlier, French media estimated the compensation at €10 billion.

On Tuesday French President Francois Hollande said the current situation in Ukraine does not allow Paris to hand over the first Mistral helicopter carrier to Russia.

Russian deputy defense minister Yuri Borisov told TASS on Tuesday Russia will be acting strictly in line with the contract and file a lawsuit if the ship is not delivered.

“Russia will be acting in compliance with the contract. If they don’t deliver it, we will sue them and demand that penalties are paid. Russia’s behavior is strictly in line with the contract which has been signed,” he said.

Under a €1.2 billion contract, the first Mistral was scheduled to be handed over to Russia on November 14, but the French leadership has put the delivery on hold. The French president has repeatedly said that the key condition for the transfer is “full compliance” with the ceasefire in eastern Ukraine.

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