CELEX: 62005TJ0312(01)
Language: en
Date: 2010-09-08 00:00:00
Title: Judgment of the General Court (Fourth Chamber) of 8 September 2010. # European Commission v Efrosyni Alexiadou. # Arbitration clause - Contract concerning a project for the development of a technology for the production of waterproof leathers - Failure to perform the contract - Reimbursement of sums advanced - Default interest - Referral back to the General Court after annulment - Default proceedings. # Case T-312/05.

Judgment of the General Court (Fourth Chamber) of 8 September 2010 – Commission v Alexiadou
      (Case T-312/05)
      Arbitration clause – Contract concerning a project for the development of a technology for the production of waterproof leathers – Failure to perform the contract – Reimbursement of sums advanced – Default interest – Referral back to the General Court after annulment – Default proceedings
      Procedure – Referral to the General Court under an arbitration clause – Contract granting Community financial assistance for a research, technological development and demonstration project (Art.
         238 EC) (see paras 41-44, 55-57, 60)
      
      Re:
      
         
               ACTION brought by the Commission under Article 238 EC seeking an order for reimbursement of EUR 23 036.31 advanced by the
                  Commission to the defendant under a contract concerning a project for developing a technology for the production of waterproof
                  leathers (Contract G1ST-CT-2002-50227), together with default interest.
               
            Operative part
      The Court:
      
         
                  1.
               
               
                  
               
               
                  	Orders Efrosyni Alexiadou to repay the sum of EUR 23 036.31 to the European Commission, together with default interest:
               
            –        at the rate of 5.25% per annum from 1 March 2003 to 31 August 2005;
      –        at the statutory annual rate applicable under Belgian law, with a ceiling of 5.25% per annum, from 1 September 2005 to payment
         in full of the debt;
      
      
         
                  2.
               
               
                  
               
               
                  	Orders Efrosyni Alexiadou to pay the costs.