This document is an excerpt from the EUR-Lex website
Document 62014TB0711
Case T-711/14: Order of the General Court of 9 February 2018 — Arcofin and Others v Commission (Action for annulment — State aid — Aid implemented by Belgium in favour of the ARCO Group financial cooperatives — Guarantee scheme protecting the shares of natural persons who are individual members of those cooperatives — Decision declaring the aid incompatible with the internal market — Selective advantage — Measure liable to distort or threaten to distort competition and to affect trade between Member States — Measure intended to remedy a serious disturbance in the economy of a Member State — Legitimate expectations — Action in part manifestly inadmissible and in part manifestly lacking any foundation in law)
Case T-711/14: Order of the General Court of 9 February 2018 — Arcofin and Others v Commission (Action for annulment — State aid — Aid implemented by Belgium in favour of the ARCO Group financial cooperatives — Guarantee scheme protecting the shares of natural persons who are individual members of those cooperatives — Decision declaring the aid incompatible with the internal market — Selective advantage — Measure liable to distort or threaten to distort competition and to affect trade between Member States — Measure intended to remedy a serious disturbance in the economy of a Member State — Legitimate expectations — Action in part manifestly inadmissible and in part manifestly lacking any foundation in law)
Case T-711/14: Order of the General Court of 9 February 2018 — Arcofin and Others v Commission (Action for annulment — State aid — Aid implemented by Belgium in favour of the ARCO Group financial cooperatives — Guarantee scheme protecting the shares of natural persons who are individual members of those cooperatives — Decision declaring the aid incompatible with the internal market — Selective advantage — Measure liable to distort or threaten to distort competition and to affect trade between Member States — Measure intended to remedy a serious disturbance in the economy of a Member State — Legitimate expectations — Action in part manifestly inadmissible and in part manifestly lacking any foundation in law)
OJ C 123, 9.4.2018, p. 20–20
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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9.4.2018 |
EN |
Official Journal of the European Union |
C 123/20 |
Order of the General Court of 9 February 2018 — Arcofin and Others v Commission
(Case T-711/14) (1)
((Action for annulment - State aid - Aid implemented by Belgium in favour of the ARCO Group financial cooperatives - Guarantee scheme protecting the shares of natural persons who are individual members of those cooperatives - Decision declaring the aid incompatible with the internal market - Selective advantage - Measure liable to distort or threaten to distort competition and to affect trade between Member States - Measure intended to remedy a serious disturbance in the economy of a Member State - Legitimate expectations - Action in part manifestly inadmissible and in part manifestly lacking any foundation in law))
(2018/C 123/27)
Language of the case: French
Parties
Applicants: Arcofin SCRL (Brussels, Belgium), Arcopar SCRL (Brussels), Arcoplus (Brussels) (represented by: R. Martens, A. Verlinden and C. Maczkovics, lawyers)
Defendant: European Commission (represented by: L. Flynn and B. Stromsky, acting as Agents)
Re:
Application based on Article 263 TFEU seeking annulment of Commission Decision 2014/686/EU of 3 July 2014 on State aid SA.33927 (13/C) (ex 11/NN) implemented by Belgium — Guarantee scheme protecting the shares of individual members of financial cooperatives (OJ 2014 L 284, p. 53).
Operative part of the order
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1. |
The action is dismissed as being in part manifestly inadmissible and in part manifestly lacking any foundation in law. |
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2. |
Arcofin SCRL, Arcopar SCRL and Arcoplus shall pay the costs. |