Media: the French demanded Russia to pay the king’s debts
MOSCOW, January 15 — RIA Novosti. Hundreds of thousands of French achieve from Russia of payments under the bonds of Imperial times with a total cost of about 30 billion euros, according to RFI.
In 1867, the Russian railway company began to issue government bonds backed by gold. During the three subsequent decades, French investors have invested in the project 15 billion francs (€53 billion).
Some investors made a profit, and the rest are left with nothing, as in 1918, Vladimir Lenin signed the decree about the refusal to pay tsarist debts. In 1997 Moscow signed the Paris agreement, which said that Russia has paid off with debts of the Russian Empire.
However, about 400 thousand heirs of those same investors insist on payment. They argue their claim that “Russia is not bankrupt.”
“Public debt has no Statute of limitations. She needs to pay. These are the rules of the game,” said radio one of the heirs.