Judgment of the General Court of 10 April 2013 - IPK International v Commission
(Case T-671/11)
(Financial assistance for an ecological tourism project - Repayment of the amounts recovered - Decision taken following the annulment by the General Court of the earlier decision cancelling the assistance - Compensatory interest -Default interest - Calculation)
Language of the case: German
Parties
Applicant: IPK International - World Tourism Marketing Consultants GmbH (Munich, Germany) (represented by: C. Pitschas, lawyer)
Defendant: European Commission (represented by: F. Dintilhac, G. Wilms and G. Zavvos, acting as Agents)
Re:
Application for partial annulment of the Commission's decision of 14 October 2011 (ENTR/R1/HHO/lsa - entre.r.l(2011)1183091) to pay to the applicant a total amount of EUR 720 579.90, including the sum of EUR 158 618.27 by way of compensatory interest
Operative part of the judgment
The Court:
Annuls the Commission's decision of 14 October 2011 (ENTR/R1/HHO/lsa - entre.r.l(2011)1183091) in so far as it limits the amount of interest to be paid to IPK International - World Tourism Marketing Consultants GmbH to EUR 158 618.27;
Orders the European Commission to pay the costs.
____________1 - OJ C 65, 3.3.2012.