Judgment of the Court of First Instance (Eighth Chamber) of 17 December 2008.#Commission of the European Communities v Cooperação e Desenvolvimento Regional, SA.#Arbitration clause - Contract for financial assistance concluded under a specific programme in the field of telematic applications of common interest - Encata Project - Reimbursement of sums advanced - Late-payment interest - Default procedure.#Case T-174/08.

Subject of the case

Re:

ACTION under Article 238 EC seeking an order that the defendant reimburse part of the amount advanced by the European Community, together with late-payment interest, under contract SU 1001 (SU) Encata.

Operative part

Operative part

The Court:

1. Orders Cooperação e Desenvolvimento Regional, SA to reimburse to the Commission of the European Communities the sum of EUR 63 349.27, together with late-payment interest:

– at the rate of 6.29% per annum from 31 January 2001 to the date of the present judgment;

– at the annual rate applied under Irish law, that is to say, currently Article 26 of the Debtors (Ireland) Act 1840, as amended, up to the rate of 6.29% per annum from the date of the present judgment to full clearance of the debt.

2. Orders Cooperação e Desenvolvimento Regional to pay the costs.