Can't copy and paste from there; relevant passage:
"...orders Google to removing the sites google.be and google.com, more precisely the links (in cache) visible through Google Web and the service Google News (...) of Belgian Francophone and German-language publishers represented by Copiepresse."
So yes, Google is interpreting the ruling correctly, there is no way to interpret it in such a way that the regular google.com shouldn't be blocked. I don't know if the newspapers asked for too much or if the judge didn't understand what he was doing; I didn't read the whole ruling.