Default interest: The Court annuls logically the Commission decision rejecting the application for payment of default interest on the amount of principal repaid to it in execution of a judgment of the CFI (Greencore)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. It will be recalled that, in a judgment of 7 October 1999, the Tribunal of first instance of the European Communities had reduced the amount by the fine imposed on Irish Sugar of EUR 916 674, ordering the repayment of the principal sum to Irish Sugar. Greencore, the parent company of the group, on 27 October 1999, communicated to the Commission details of Irish Sugar's bank account on which the repayment of the principal sum was to be made and demanded payment of interest on the amount refunded. January 4th 2000, the Commission transferred to the account of Irish Sugar the sum of 916,674, without paying