This document is an excerpt from the EUR-Lex website
Document 62011TO0261
Order of the General Court (Fifth Chamber) of 27 March 2012. # European Goldfields Ltd v European Commission. # Action for annulment - State aid - Subsidy granted by the Greek authorities in favour of the mining company Ellinikos Xrysos consisting of the transfer of the Cassandra mines at a price lower than the real market value and exemption from taxes on that transaction - Decision declaring the aid unlawful and ordering its recovery, with interest - No legal interest in bringing proceedings - Inadmissibility. # Case T-261/11.
Order of the General Court (Fifth Chamber) of 27 March 2012.
European Goldfields Ltd v European Commission.
Action for annulment - State aid - Subsidy granted by the Greek authorities in favour of the mining company Ellinikos Xrysos consisting of the transfer of the Cassandra mines at a price lower than the real market value and exemption from taxes on that transaction - Decision declaring the aid unlawful and ordering its recovery, with interest - No legal interest in bringing proceedings - Inadmissibility.
Case T-261/11.
Order of the General Court (Fifth Chamber) of 27 March 2012.
European Goldfields Ltd v European Commission.
Action for annulment - State aid - Subsidy granted by the Greek authorities in favour of the mining company Ellinikos Xrysos consisting of the transfer of the Cassandra mines at a price lower than the real market value and exemption from taxes on that transaction - Decision declaring the aid unlawful and ordering its recovery, with interest - No legal interest in bringing proceedings - Inadmissibility.
Case T-261/11.
Court reports – general – 'Information on unpublished decisions' section
ECLI identifier: ECLI:EU:T:2012:157
Order of the General Court (Fifth Chamber) of 27 March 2012 — European Goldfields v Commission
(Case T-261/11)
Action for annulment — State aid — Subsidy granted by the Greek authorities in favour of the mining company Ellinikos Chrysos consisting of the transfer of the Cassandra mines at a price lower than the real market value and exemption from taxes on that transaction — Decision declaring the aid unlawful and ordering its recovery, with interest — No legal interest in bringing proceedings — Inadmissibility
Actions for annulment — Natural or legal persons — Interest in bringing proceedings — Commission decision finding, at the conclusion of the formal investigation procedure, that aid incompatible with the internal market — Action by the main shareholder of the beneficiary undertaking — Mere shareholding in an undertaking and involvement in the aid investigation procedure not in itself sufficient to give rise to a right to bring proceedings — No present or future threat to solvency — Inadmissibility (Art. 263, fourth para., TFEU) (see paras 16-17, 21, 24, 26-29)
Re:
APPLICATION for the annulment of Commission Decision 2011/452/EU of 23 February 2011 on the State aid C 48/08 (ex NN 61/08) implemented by Greece in favour of Ellinikos Chrysos SA (OJ 2011 L 193, p. 27). |
Operative part
1. |
The action is dismissed as inadmissible. |
2. |
European Goldfields Ltd is ordered to pay the costs. |
3. |
There is no need to adjudicate on the application for leave to intervene by Ellinikos Chrysos AE Metalleion kai Viomixanias Chrysou. |