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Document 62014TA0739

    Case T-739/14: Judgment of the General Court of 13 September 2018 — PSC Prominvestbank v Council (Common foreign and security policy — Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine — Inclusion of the name of the entity owning the applicant in the list of entities to which the restrictive measures apply — Obligation to state reasons — Manifest error of assessment — Right to effective judicial protection — Misuse of powers — Right to property — Freedom to conduct a business — Equal treatment)

    OJ C 392, 29.10.2018, p. 18–18 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    29.10.2018   

    EN

    Official Journal of the European Union

    C 392/18


    Judgment of the General Court of 13 September 2018 — PSC Prominvestbank v Council

    (Case T-739/14) (1)

    ((Common foreign and security policy - Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine - Inclusion of the name of the entity owning the applicant in the list of entities to which the restrictive measures apply - Obligation to state reasons - Manifest error of assessment - Right to effective judicial protection - Misuse of powers - Right to property - Freedom to conduct a business - Equal treatment))

    (2018/C 392/21)

    Language of the case: Spanish

    Parties

    Applicant: PSC Prominvestbank, Joint-Stock Commercial Industrial & Investment Bank (Kiev, Ukraine) (represented by: J.M. Viñals Camallonga, J.L. Iriarte Ángel and L. Barriola Urruticoechea, lawyers)

    Defendant: Council of the European Union (represented by: initially A. de Elera-San Miguel Hurtado and F. Florindo Gijón, and subsequently F. Florindo Gijón, P. Mahnič Bruni and H. Marcos Fraile, Agents)

    Intervener in support of the defendant: European Commission (represented by: F. Castillo de la Torre, D. Gauci and S. Pardo Quintillán, Agents)

    Re:

    Application under Article 263 TFEU seeking annulment in part of Council Decision 2014/512/CFSP of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 13), as amended by Council Decision 2014/659/CFSP of 8 September 2014, amending Decision 2014/512 (OJ 2014 L 271, p. 54), and of Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 1), as amended by Council Regulation (EU) No 960/2014 of 8 September 2014, amending Regulation No 833/2014 (OJ 2014 L 271, p. 3), in so far as those acts concern the applicant.

    Operative part of the judgment

    The Court:

    1.

    Dismisses the action;

    2.

    Orders PSC Prominvestbank, Joint-Stock Commercial Industrial & Investment Bank to bear its own costs and to pay those incurred by the Council of the European Union;

    3.

    Orders the European Commission to bear its own costs.


    (1)  OJ C 7, 12.1.2015.


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