This document is an excerpt from the EUR-Lex website
Document 62012CN0224
Case C-224/12 P: Appeal brought on 11 May 2012 by the European Commission against the judgment delivered by the General Court (First Chamber) on 2 March 2012 in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission
Case C-224/12 P: Appeal brought on 11 May 2012 by the European Commission against the judgment delivered by the General Court (First Chamber) on 2 March 2012 in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission
Case C-224/12 P: Appeal brought on 11 May 2012 by the European Commission against the judgment delivered by the General Court (First Chamber) on 2 March 2012 in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission
OJ C 258, 25.8.2012, p. 8–9
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
|
25.8.2012 |
EN |
Official Journal of the European Union |
C 258/8 |
Appeal brought on 11 May 2012 by the European Commission against the judgment delivered by the General Court (First Chamber) on 2 March 2012 in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission
(Case C-224/12 P)
2012/C 258/14
Languages of the case: Dutch and English
Parties
Appellant: European Commission (represented by: L. Flynn, S. Noë and H. Van Vliet, Agents)
Other parties to the proceedings:
|
|
Kingdom of the Netherlands |
|
|
ING Groep NV |
|
|
De Nederlandsche Bank NV |
Form of order sought
|
— |
Set aside the judgment of the General Court (First Chamber) of 2 March 2012, notified to the Commission on 6 March 2012, in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission; and |
|
— |
dismiss the applications for partial annulment of the decision of the European Commission (1) of 18 November 2009 on State aid C 10/09 (ex N 138/2009) implemented by the Netherlands for ING’s Illiquid Assets Back-up Facility and Restructuring Plan; |
|
— |
order the applicants to pay the costs; |
|
— |
in the alternative,
|
|
— |
order the applicants to pay the costs of the appeal. |
Pleas in law and main arguments
The Commission maintains that the judgment under appeal should be set aside on the following grounds:
|
|
First , there is no requirement in law to apply the market economy investor principle in relation to an amendment of repayment conditions for a measure that itself constituted State aid. |
|
|
Second , the General Court wrongly evaluated the loss of revenue to the Member State resulting from the modified repayment conditions examined in the Commission’s decision of 18 November 2009 on State aid C 10/09 (ex N 138/09) implemented by the Netherlands for ING’s Illiquid Assets Back-up Facility and Restructuring Plan (‘the decision at issue’). |
|
|
Third , even if the Commission was wrong to treat the modified repayment conditions as State aid, the General Court was not entitled to annul the first paragraph of Article 2 of the decision at issue in its entirety. |
|
|
Fourth , the General Court erred in law in finding that the second paragraph of Article 2 of the decision at issue was necessarily unlawful because the Commission had erred in finding that the modified repayment conditions constituted State aid. |
|
|
Fifth , the General Court ruled ultra petita in annulling the second paragraph of Article 2 of the decision at issue and Annex II thereto. |
|
|
Sixth , in the alternative, if the General Court was correct to annul the first and second paragraphs of Article 2 of the decision at issue and Annex II thereto, it also had to annul the third paragraph of Article 2 of the decision at issue. |
(1) Decision 2010/608/EC (OJ 2010 L 274, p. 139).