«(Arbitration clause – Contract for improvement work on the Commission building in Kiev (Ukraine) – Additional clauses – Parties to the contract)»

Judgment of the Court of First Instance (Second Chamber), 11 June 2003

Summary of the Judgment

Procedure – Reference to the Court of First Instance on the basis of an arbitration clause – Commission ordered to pay part of the outstanding balance under a contract for works, together with interest for late payment (Art. 238 EC)

Where the Commission has been ordered to pay interest for late payment on a sum due in accordance with the terms of a contract subject to the jurisdiction of the Court of First Instance by virtue of an arbitration clause, and that interest relates to a period beginning before 1 January 1999, the rate of that interest may be fixed at 8% per annum in respect of the period before 1999 and, from 1999 onwards, be calculated on the basis of the rate set by the European Central Bank for capital refinancing operations in force during the various phases of the period concerned, increased by two percentage points.see paras 77-78, and operative part, para. 2

JUDGMENT OF THE COURT OF FIRST INSTANCE (Second Chamber) 10 June 2003 (1)

((Arbitration clause – Contract for improvement work on the Commission building in Kiev (Ukraine) – Additional clauses – Parties to the contract))

In Case T-93/01,

applicant,

Commission of the European Communities, represented by J. Sack and L. Parpala, acting as Agents, with an address for service in Luxembourg,

defendant,

APPLICATION under Article 238 EC to obtain payment from the Commission of monies allegedly payable under a contract for improvement and conversion work on the Commission delegation building in Kiev (Ukraine),

THE COURT OF FIRST INSTANCE OF THE EUROPEAN COMMUNITIES (Second Chamber),

composed of: N.J. Forwood, President, J. Pirrung and A.W.H. Meij, Judges,

Registrar: D. Christensen, Administrator,

having regard to the written procedure and further to the hearing on 22 January 2003,

gives the following

(Paragraphs 1 to 77 and 79 of the grounds are not reproduced.) Conclusion

1 In accordance with the terms of the contract, as interpreted in the present judgment, and in light of the parties' observations, the Commission must be ordered to pay into account No ... of the Raiffeisen Zentralbank Österreich AG or, if it no longer exists, into any account to be indicated to the Commission by Ost-Invest jointly with the applicant, the sum of EUR 25 000 and the sum of EUR 4 694.44, together with default interest calculated, in accordance with the procedure set out in the present judgment, from 20 July 2000 in respect of the sum of EUR 25 000 and from 20 October 1998 in respect of the sum of EUR 4 694.44.

On those grounds,

THE COURT OF FIRST INSTANCE (Second Chamber) hereby:

─ the sum of EUR 25 000, together with default interest from 20 July 2000 until full and final payment;

─ the sum of EUR 4 694.44, together with default interest from 20 October 1998 until full and final payment;

4. Orders the Commission to pay the costs.

Delivered in open court in Luxembourg on 10 June 2003.

Registrar

President

Language of the case: German.