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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)
ECLI:EU:UNKNOWN:62011TA0319
62011TA0319
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26.5.2014
Official Journal of the European Union
C 159/22
(Case T-319/11) (<span class="super">1</span>)
((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.
(<span class="super">1</span>) OJ C 252, 27.8.2011.
Language of the case: English