CELEX: 62006TJ0176
European Regional Development Fund (FEDER)
Reduction in financial assistance
Application for annulment
Venture capital fund
Deadline for the completion of investment projects
Procedure
Principles of protection of legitimate expectations and legal certainty
Principle of proportionality
Statement of reasons
Action for damages

ANNULMENT of Commission Decision C(2006) 1706 of 20 April 2006 reducing the financial assistance from the European Regional
Development Fund in favour of an overall allocation for the purpose of implementing measures to support small and medium-sized
enterprises operating in the Basilicata Region of Italy, granted under the Community support framework for Community structural
assistance in the regions of Italy covered by Objective 1, and application for damages for the harm caused by that decision.
Operative part
The Court:
1.
Dismisses the action;
2.
Orders Italia Basilicata SpA to pay the costs.