French President Francois Hollande said Friday after talks with Russian counterpart Vladimir Putin that no decision has been reached on settling a row over the sale of two French warships.

"For the moment, no decision has been taken," Hollande said in Yerevan after promising this week to reimburse Russia if it fails to deliver two French-built Mistral warships in a deal estimated at 1.2 billion euro ($1.5 billion).

French President Francois Hollande said Friday after talks with Russian counterpart Vladimir Putin that no decision has been reached on settling a row over the sale of two French warships.

"For the moment, no decision has been taken," Hollande said in Yerevan after promising this week to reimburse Russia if it fails to deliver two French-built Mistral warships in a deal estimated at 1.2 billion euro ($1.5 billion).