Judgment of the General Court of 24 January 2017 — Nausicaa Anadyomène and Banque d’escompte v ECB

(Case T-749/15) (1)

((Non-contractual liability - Economic and monetary policy - ECB - National central banks - Restructuring of the Greek public debt - Programme for purchasing securities - Securities exchange agreement for the sole benefit of central banks in the Eurosystem - Private sector involvement - Collective action clauses - Credit enhancement in the form of a buyback programme intended to support the quality of the securities as collateral - Private creditors - Commercial banks - Sufficiently serious breach of a rule of law conferring rights on individuals - Legitimate expectations - Equal treatment))

(2017/C 070/26)

Language of the case: French

Parties

Applicants: Nausicaa Anadyomène SAS (Paris, France) and Banque d’escompte (Paris) (represented by: S. Rodrigues and A. Tymen, lawyers)

Defendant: European Central Bank (represented by: O. Heinz, G. Varhelyi and F. von Lindeiner, acting as Agents, and by H.-G. Kamann, lawyer)

Re:

Action pursuant to Article 268 TFEU seeking compensation for the loss allegedly sustained by the applicants following, in particular, the adoption of ECB Decision 2012/153/EU of 5 March 2012 on the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic in the context of the Hellenic Republic’s debt exchange offer (ECB/2012/3) (OJ 2012 L 77, p. 19) and also of other ECB measures linked to the restructuring of the Greek public debt.

Operative part of the judgment

The Court:

(1)  OJ C 68, 22.2.2016.