CELEX: C2005/045/19
Language: en
Date: 2005-02-19 00:00:00
Title: Judgment of the Court (Fourth Chamber) of 9 December 2004 in Case C-523/03: Commission of the European Communities v Biotrast SA (Arbitration clause — Recovery of moneys advanced — Interest — Default procedure)

19.2.2005   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 45/10
            
         
      JUDGMENT OF THE COURT
   
   (Fourth Chamber)
   of 9 December 2004
   in Case C-523/03: Commission of the European Communities v Biotrast SA (1)
   
   (Arbitration clause - Recovery of moneys advanced - Interest - Default procedure)
   (2005/C 45/19)
   Language of the case: Greek
   In Case C-523/03 the Commission of the European Communities (Agents: D. Triantafyllou and N. Korogiannakis) v Biotrast S.A., established in Thessaloniki (Greece) – action under Article 238 EC, brought on 15 December 2003 – the Court (Fourth Chamber), composed of K. Lenaerts (Rapporteur), President of the Chamber, J.N. Cunha Rodrigues and K. Schiemann, Judges; P. Léger, Advocate General; R. Grass, Registrar, gave a judgment on 9 December 2004, in which it:
   
               1)
            
            
               Orders Biotrast SA to pay to the Commission of the European Communities a capital sum of EUR 661 838.82 plus interest at the rate of 4.77 % per year from 31 December 2001 until 31 December 2002, at the rate of 6.77 % per year from 1 January 2003 until the date of the present judgment, and at an annual rate applied under Greek law, now Article 3(2) of Law 2842/2000 on the replacement of the Drachma by the Euro, up to a maximum rate of 6.77 % per year, from the date of the present judgment until the payment of the debt in full.
            
         
               2)
            
            
               Orders Biotrast S.A. to pay the costs.
            
         
      (1)  OJ C 59 of 6.3.2004