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Document 62013CA0336

Case C-336/13 P: Judgment of the Court (Seventh Chamber) of 12 February 2015  — European Commission v IPK International — World Tourism Marketing Consultants GmbH (Appeals — Commission decision ordering the repayment of financial assistance — Compliance with a judgment of the General Court of the European Union — Distinction between default interest and compensatory interest — Calculation of interest)

OJ C 118, 13.4.2015, p. 3–4 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

13.4.2015   

EN

Official Journal of the European Union

C 118/3


Judgment of the Court (Seventh Chamber) of 12 February 2015 — European Commission v IPK International — World Tourism Marketing Consultants GmbH

(Case C-336/13 P) (1)

((Appeals - Commission decision ordering the repayment of financial assistance - Compliance with a judgment of the General Court of the European Union - Distinction between default interest and compensatory interest - Calculation of interest))

(2015/C 118/04)

Language of the case: German

Parties

Appellant: European Commission (represented by: F. Dintilhac, G. Wilms and G. Zavvos, acting as Agents)

Other party to the proceedings: IPK International — World Tourism Marketing Consultants GmbH (represented by: C. Pitschas, Rechtsanwalt)

Operative part of the judgment

The Court:

1)

Sets aside the judgment of the General Court of the European Union in IPK International v Commission (T-671/11, EU:T:2013:163) to the extent that it orders the default interest payable by the European Commission to IPK International — World Marketing Consultants GmbH to be fixed on the basis of the amount of the principal debt, plus the interest that has already accrued;

2)

Dismisses the appeal as to the remainder;

3)

Orders that the default interest payable by the European Commission to IPK International — World Marketing Consultants GmbH be calculated solely on the basis of the amount of the principal debt;

4)

Orders the European Commission and IPK International — World Marketing Consultants GmbH to bear their own costs in relation to the present proceedings.


(1)  OJ C 260, 7.9.2013.


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