CELEX: 62004TJ0304
State aid
Loans at reduced rates intended to make it possible to become established in certain non-member countries
Effect on trade between Member States and distortion of competition
Statement of reasons

APPLICATION for annulment of Commission Decision 2006/177/EC of 19 May 2004 on State aid No C 4/2003 (ex NN 102/2002) implemented
by Italy for WAM SpA (OJ 2006 L 63, p. 11).
Operative part
The Court:

Annuls Commission Decision 2006/177/EC of 19 May 2004 on State aid No C 4/2003 (ex NN 102/2002) implemented by Italy for WAM
SpA (OJ 2006 L 63, p. 11);

Dismisses the actions as to the remainder;

Orders the Commission to bear its own costs and to pay those incurred, in Case T-304/04, by the Italian Republic and, in Case
T-316/04, by Wam, including those relating to the interim proceedings.