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Case T-413/14: Order of the General Court of 5 October 2015 — Grigoriadis and Others v Parliament and Others (Action for failure to act and for damages — Restructuring of the Greek public debt — Involvement of the private sector — Loss consisting in the reduction of sums owed — Statements by the Heads of State or Government of the euro area and the EU institutions — Eurogroup statement — Failure to specify the causal link with the loss pleaded — Inadmissibility)

ECLI:EU:UNKNOWN:62014TB0413

62014TB0413

October 5, 2015
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23.11.2015

Official Journal of the European Union

C 389/57

(Case T-413/14) (<span class="super">1</span>)

((Action for failure to act and for damages - Restructuring of the Greek public debt - Involvement of the private sector - Loss consisting in the reduction of sums owed - Statements by the Heads of State or Government of the euro area and the EU institutions - Eurogroup statement - Failure to specify the causal link with the loss pleaded - Inadmissibility))

(2015/C 389/65)

Language of the case: Greek

Parties

Applicants: Grigoris Grigoriadis (Athens, Greece), Faidra Grigoriadou (Athens), Ioannis Tsolias (Thessaloniki, Greece), Dimitrios Alexopoulos (Thessaloniki), Nikolaos Papageorgiou (Athens) and Ioannis Marinopoulos (Athens) (represented by: C. Papadimitriou, lawyer)

Defendants: European Parliament (represented by: A. Troupiotis and L. Visaggio, acting as Agents); European Council; Eurogroup; Council of the European Union (represented by: A. de Gregorio Merino and M. Balta, acting as Agents); European Commission (represented by: J.-P. Keppenne and M. Konstantinidis, acting as Agents); and European Central Bank (ECB) (represented by: P. Papapaschalis and P. Senkovic, acting as Agents)

Re:

First, an application for a declaration that the defendants unlawfully failed to act in order for the bonds held by the applicants not to be affected by the plan for private sector involvement in the debt financing programme (PSI), reducing the value of the Greek State’s debt, and second, an application seeking compensation for the loss allegedly suffered by the applicants following that unlawful failure to act.

Operative part of the order

1.The action is dismissed.

2.Grigoris Grigoriadis, Faidra Grigoriadou, Ioannis Tsolias, Dimitrios Alexopoulos, Nikolaos Papageorgiou and Ioannis Marinopoulos shall pay the costs.

(<span class="super">1</span>) OJ C 439, 8.12.2014.

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