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.

Subject of the case

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

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.