Judgment of the Court of First Instance of 6 September 2006 - Italy and Wam v Commission

(Joined Cases T-304/04 and T-316/04) ¹

(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)

Language of the case: Italian

Parties

Applicants: Italian Republic (represented initially by A. Cingolo, and subsequently by P. Gentili, lawyers) and Wam SpA (Cavezzo di Modena, Italy) (represented by E. Giliani, lawyer)

Defendant: Commission of the European Communities (represented by: V. Di Bucci and E. Righini, Agents)

Re:

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 of the judgment

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.

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¹ - OJ C 251 of 9.10.2004.