NGOs under European Convention on Human Rights / Tymofeyeva

to the date of judgment (see paragraph 83 of the judgment); (b) for costs and expenses incurred in Strasbourg: £ 125,000 (one hundred and twenty-five thousand) sterling…”. 1457 Since 2000, the Court has made increasingly frequent use of a single reference currency: the euro. 1458 Today it would appear that the euro is the reference currency used in all cases . 1459 In view of the Court’s new practice of stating the amounts payable in euros, the respondent states are not directed to make conversions for cases involving states, applicants and their lawyers all situated within the euro zone. Sometimes it even happens that the Court directs payment in euros for violations committed outside the euro zone but concerning applicants residing in this zone. 1460 On the other hand, judgments usually order a conversion if the respondent state is not situated within the euro zone, 1461 if the applicant is not a resident within this zone, 1462 when the applicant has been represented by lawyers exercising outside this zone, 1463 or in certain cases if a possession has been assessed in a foreign currency. 1464 At last, the currency indicated by the Court must in principle also be used for the payment of possible default interest. Conversion fees into the currency indicated by the Court must obviously be borne by the respondent state. What is of importance, when formulating their claims, the applicants should consider the implications of the currency policy in light of the effects of converting sums expressed in a different currency into euros or contrariwise. The applicant is obliged to justify the request for payment of a just satisfaction award in a certain currency. It may nevertheless happen that the modalities of payment indicated by the Court present problems at the stage of execution, mainly under the regulations on currency exchange. Therefore, it may be prohibited to make a payment to a person residing in the country in other currency than the national currency. 1457 Stran Greek Refineries, cited above. 1458 Monitoring of the payment of sums awarded by way of just satisfaction: an overview of the Committee of Ministers’ present the Memorandum prepared by the Department for the Execution of Judgments of the European Court of Human Rights (DG-HL). No. CM/Inf/DH(2008)7 final as of 15 January 2009. URL: accessed 20 July 2015. 1459 See for example the Agrokompleks (just satisfaction) , cited above; Dacia S.R.L. (just satisfaction), cited above; and Rodinná záložna, spořitelní a úvěrní družstvo (just satisfaction), cited above. None of these states have the euro as its national currency, but all the judgments indicate that the respondent state is to pay the applicant company a crtain sum in euros, to be converted into the national currency of the respondent state at the rate applicable at the date of settlement, plus any tax that may be chargeable. 1460 Bolat v. Russia , no. 14139/03, ECHR 2006-XI (extracts). 1461 East West Alliance Limited, cited above. 1462 For example, the case of Šroub v. the Czech Republic , no. 5424/03, 17 January 2006 in which the applicant was a resident abroad. He had calculated the sum of just satisfaction in Canadian dollars. The Court considered it expedient to pay him that amount in Canadian dollars and not in the respondent state’s national currency.

1463 Aksakal v. Turkey , no. 37850/97, 15 February 2007. 1464 Ciobanu v. Romania , no. 29053/95, 16 July 2002.

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