Effect on trade : The Court of Justice of the European Union dismisses an appeal brought against a judgment in which the General Court stated that the execution of a judgment granting annulment did not require the Commission to reopen the formal investigation procedure (Wam)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. CJEU, 7 November 2013, Italy v Commission, Case C-587/12 P The two judgments delivered by the Court on 7 November 2013 mark the epilogue of a long dispute. It should be recalled that, in a decision of 19 May 2004, the Commission found that two soft loans granted by the Italian Republic to Wam Industriale for the implementation of programmes for commercial penetration in third countries constituted unlawful and incompatible aid which had to be recovered. On appeal, the Court of First Instance, by judgment of 6 September 2006 in JoinedCases T-304/04 and T-316/04 Italy and Wam v Commission, obs. J. Derenne), upheld the applicants' complaint that the statement