This document is an excerpt from the EUR-Lex website
Document 62015TA0749
Case T-749/15: Judgment of the General Court of 24 January 2017 — Nausicaa Anadyomène and Banque d’escompte v ECB (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)
Case T-749/15: Judgment of the General Court of 24 January 2017 — Nausicaa Anadyomène and Banque d’escompte v ECB (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)
Case T-749/15: Judgment of the General Court of 24 January 2017 — Nausicaa Anadyomène and Banque d’escompte v ECB (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)
IO C 70, 6.3.2017, p. 19–19
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
6.3.2017 |
EN |
Official Journal of the European Union |
C 70/19 |
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. |
Dismisses the action; |
2. |
Orders Nausicaa Anadyomène SAS and Banque d’escompte to pay the costs. |