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(Case C-336/13 P) (<span class="super">1</span>)
((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
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)
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.
(<span class="note"> <a id="ntr1-C_2015118EN.01000302-E0001" href="#ntc1-C_2015118EN.01000302-E0001">*1</a> </span>) OJ C 260, 7.9.2013.