Default Interest

Default Interest

The Court typically fixes default interest at an annual rate equal to the marginal lending rate of the European Central Bank plus three percentage points. This practice is consistently observed across numerous cases, ensuring a standardized approach to default interest calculations.

#Citations:
- (41_87, 49_45, 84_149, 89_52)
- (100_174, 105_86, 113_44, 117_64, 118_133, 119_54, 121_55, 126_53, 131_251, 138_57, 143_76, 154_69, 160_49, 167_37, 168_37, 169_48, 177_74, 179_107, 180_237, 183_56, 185_51, 196_100)
- (214_110, 220_57, 223_60, 240_70, 245_17, 271_50, 286_30)
- (301_41, 303_103, 312_90, 325_32, 330_16, 331_16, 336_115, 352_54, 357_35, 364_86, 370_90, 371_84, 384_46, 386_15, 391_128, 397_101)
- (401_14, 405_34, 410_31, 424_31, 426_72, 441_41, 444_16, 447_16, 453_23, 456_17, 470_14, 474_15, 478_14, 484_15, 487_15, 492_15, 496_15)
- (500_16, 501_160, 502_17, 503_15, 504_15, 505_16, 506_16, 507_16, 508_16, 509_15, 510_15, 511_15, 512_15, 513_13, 514_16, 515_14, 516_15, 518_17, 519_17, 520_15, 521_18, 522_15, 523_15, 524_15, 525_17, 526_15, 527_15, 528_15, 529_15, 530_15, 531_16, 532_15, 533_14, 534_15, 535_17, 536_25, 537_19, 538_16, 539_15, 540_14, 541_16, 542_16, 543_19, 544_16, 545_15, 546_15, 547_13, 548_13, 549_14, 550_14, 551_16, 552_15, 553_80, 554_18, 555_17, 556_15, 557_20, 558_21, 559_16, 560_15, 561_17, 562_20, 563_17, 564_13, 565_15, 566_17, 567_16, 568_15, 569_15, 570_13, 571_17, 572_17, 573_18, 574_17, 575_14, 576_18, 577_18, 578_17, 579_16, 580_15, 581_18, 582_28, 583_16, 584_15, 585_15, 586_15, 587_14, 588_15, 589_14, 590_15, 591_15, 592_16, 593_16, 594_113, 595_15, 596_15, 597_17, 598_69, 599_17)
- (603_17, 604_17, 607_19, 678_19, 679_11, 680_15, 681_15, 682_15, 683_15, 684_15, 685_15, 686_15, 688_14, 689_14, 690_15, 691_14)

Simple interest is payable on the awarded amounts from the expiry of the three-month period until settlement, at a rate equal to the marginal lending rate of the European Central Bank plus three percentage points.