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Document 62011TA0319

    Case T-319/11: Judgment of the General Court of 8 April 2014  — ABN Amro Group v Commission (State aid — Financial sector — Aid intended to remedy a serious disturbance in the economy of a Member State — Article 107(3)(b) TFEU — Decision declaring the aid compatible with the internal market — Conditions of authorisation of the aid — Prohibition of carrying out acquisitions — Conformity with the Commission’s notices concerning aid to the financial sector in the context of the financial crisis — Proportionality — Equal treatment — Principle of sound administration — Duty to state reasons — Right of property)

    IO C 159, 26.5.2014, p. 22–22 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    26.5.2014   

    EN

    Official Journal of the European Union

    C 159/22


    Judgment of the General Court of 8 April 2014 — ABN Amro Group v Commission

    (Case T-319/11) (1)

    ((State aid - Financial sector - Aid intended to remedy a serious disturbance in the economy of a Member State - Article 107(3)(b) TFEU - Decision declaring the aid compatible with the internal market - Conditions of authorisation of the aid - Prohibition of carrying out acquisitions - Conformity with the Commission’s notices concerning aid to the financial sector in the context of the financial crisis - Proportionality - Equal treatment - Principle of sound administration - Duty to state reasons - Right of property))

    2014/C 159/29

    Language of the case: English

    Parties

    Applicant: ABN Amro Group NV (Amsterdam, Netherlands) (represented by: W. Knibbeler and P. van den Berg, lawyers)

    Defendant: European Commission (represented by: L. Flynn and S. Noë, acting as Agents)

    Re:

    Annulment in part of Commission Decision 2011/823/EU of 5 April 2011 on the measures C 11/09 (ex NN 53b/08, NN 2/10 and N 19/10) implemented by the Dutch State for ABN Amro Group NV (created following the merger between Fortis Bank Nederland and ABN Amro N) (OJ 2011 L 333, p. 1).

    Operative part of the judgment

    The Court:

    1.

    Dismisses the action;

    2.

    Orders ABN Amro Group NV to pay the costs.


    (1)  OJ C 252, 27.8.2011.


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