Summary

(Arbitration clause - Loan agreement concerning a water supply project in a third country - Non- performance of the agreement - Repayment of the sums advanced - Default interest - Procedure by default)

Judgment: By its action based on Article 272 TFEU, the European Investment Bank (EIB) requests that the Syrian Arab Republic be ordered to pay the European Union, which it represents, the sum of EUR 363 150.97, together with interest, under Loan Agreement No 80310 concerning the financing of a water supply project in the Deir ez-Zor region (Syria) ('the loan agreement').