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Case T-664/14: Judgment of the General Court of 7 December 2018 — Belgium v Commission (State Aid — Aid implemented by Belgium for the benefit of financial cooperatives in the ARCO Group — Guarantee scheme protecting the shares held by individual members of those cooperatives — Decision declaring the aid incompatible with the internal market and prohibiting the payment of guaranteed amounts to individual members — Subject matter of the dispute — Recovery — Proportionality)
ECLI:EU:UNKNOWN:62014TA0664
62014TA0664
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25.2.2019
Official Journal of the European Union
C 72/13
(Case T-664/14) (*)
((State Aid - Aid implemented by Belgium for the benefit of financial cooperatives in the ARCO Group - Guarantee scheme protecting the shares held by individual members of those cooperatives - Decision declaring the aid incompatible with the internal market and prohibiting the payment of guaranteed amounts to individual members - Subject matter of the dispute - Recovery - Proportionality))
(2019/C 72/15)
Language of the case: French
Parties
Applicant: Kingdom of Belgium (represented by: C. Pochet and J.-C. Halleux, acting as Agents, and J. Meyers, lawyer)
Defendant: European Commission (represented by: L. Flynn and B. Stromsky, acting as Agents)
Re:
Action brought under Article 263 TFEU seeking annulment of Article 2(4) of Commission Decision 2014/686/EU of 3 July 2014 on State aid SA.33927 (12/C) (ex 11/NN) implemented by Belgium — Guarantee scheme protecting the shares of individual members of financial cooperatives (OJ 2014 L 284, p. 53).
Operative part of the judgment
The Court:
1.Annuls Article 2(4) of Commission Decision 2014/686/EU of 3 July 2014 on State aid SA.33927 (12/C) (ex 11/NN) implemented by Belgium — Guarantee scheme protecting the shares of individual members of financial cooperatives;
2.Orders the European Commission to pay the costs.
(*)
Language of the case: French.
ECLI:EU:C:2019:140
* * *
(*) Language of the case: French.