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Document 62024CA0572
Case C-572/24 P: Judgment of the Court (Ninth Chamber) of 5 February 2026 – VEB.RF v Council (Appeal – Common foreign and security policy – Restrictive measures taken in view of the situation in Ukraine – Freezing of funds – Prohibition on providing specialised financial messaging services to certain Russian credit institutions and their Russian subsidiaries – Decision 2014/145/CFSP – Article 2(1)(b) and (d) and Annex – Regulation (EU) No 269/2014 – Article 3(1)(b) and (d) and Annex I – Decision 2014/512/CFSP – Article 1e and Annex VIII – Regulation (EU) No 833/2014 – Article 5h and Annex XIV – Lists of persons, entities and bodies to which restrictive measures apply – Inclusion and maintenance of the applicant’s name on those lists – Obligation to state reasons – Right to property – Proportionality – Equal treatment – Right to effective judicial protection – Misuse of powers)
Case C-572/24 P: Judgment of the Court (Ninth Chamber) of 5 February 2026 – VEB.RF v Council (Appeal – Common foreign and security policy – Restrictive measures taken in view of the situation in Ukraine – Freezing of funds – Prohibition on providing specialised financial messaging services to certain Russian credit institutions and their Russian subsidiaries – Decision 2014/145/CFSP – Article 2(1)(b) and (d) and Annex – Regulation (EU) No 269/2014 – Article 3(1)(b) and (d) and Annex I – Decision 2014/512/CFSP – Article 1e and Annex VIII – Regulation (EU) No 833/2014 – Article 5h and Annex XIV – Lists of persons, entities and bodies to which restrictive measures apply – Inclusion and maintenance of the applicant’s name on those lists – Obligation to state reasons – Right to property – Proportionality – Equal treatment – Right to effective judicial protection – Misuse of powers)
Case C-572/24 P: Judgment of the Court (Ninth Chamber) of 5 February 2026 – VEB.RF v Council (Appeal – Common foreign and security policy – Restrictive measures taken in view of the situation in Ukraine – Freezing of funds – Prohibition on providing specialised financial messaging services to certain Russian credit institutions and their Russian subsidiaries – Decision 2014/145/CFSP – Article 2(1)(b) and (d) and Annex – Regulation (EU) No 269/2014 – Article 3(1)(b) and (d) and Annex I – Decision 2014/512/CFSP – Article 1e and Annex VIII – Regulation (EU) No 833/2014 – Article 5h and Annex XIV – Lists of persons, entities and bodies to which restrictive measures apply – Inclusion and maintenance of the applicant’s name on those lists – Obligation to state reasons – Right to property – Proportionality – Equal treatment – Right to effective judicial protection – Misuse of powers)
OJ C, C/2026/1757, , ELI: http://data.europa.eu/eli/C/2026/1757/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN C series |
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C/2026/1757 |
30.3.2026 |
Judgment of the Court (Ninth Chamber) of 5 February 2026 – VEB.RF v Council
(Case C-572/24 P) (1)
(Appeal - Common foreign and security policy - Restrictive measures taken in view of the situation in Ukraine - Freezing of funds - Prohibition on providing specialised financial messaging services to certain Russian credit institutions and their Russian subsidiaries - Decision 2014/145/CFSP - Article 2(1)(b) and (d) and Annex - Regulation (EU) No 269/2014 - Article 3(1)(b) and (d) and Annex I - Decision 2014/512/CFSP - Article 1e and Annex VIII - Regulation (EU) No 833/2014 - Article 5h and Annex XIV - Lists of persons, entities and bodies to which restrictive measures apply - Inclusion and maintenance of the applicant’s name on those lists - Obligation to state reasons - Right to property - Proportionality - Equal treatment - Right to effective judicial protection - Misuse of powers)
(C/2026/1757)
Language of the case: Spanish
Parties
Appellant: State Development Corporation ‘VEB.RF’ (represented by: L.M. García López, J. Iriarte Ángel, F.M. Rodríguez González-Chaves and L. Rodríguez Jiménez, abogados)
Other party to the proceedings: Council of the European Union (represented by: A. Limonet and E. Nadbath, acting as Agents)
Intervener in support of the other party: European Commission (represented by: M. Carpus-Carcea and M.G. Luengo, acting as Agents)
Operative part of the judgment
The Court:
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1. |
Dismisses the appeal; |
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2. |
Orders State Development Corporation ‘VEB.RF’ to bear its own costs and to pay those incurred by the Council of the European Union; |
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3. |
Orders the European Commission to bear its own costs. |
(1) OJ C, C/2024/6082.
ELI: http://data.europa.eu/eli/C/2026/1757/oj
ISSN 1977-091X (electronic edition)