General Court 16-10-2014 ECLI:EU:T:2014:906
General Court 16-10-2014 ECLI:EU:T:2014:906
Data
- Court
- General Court
- Case date
- 16 oktober 2014
Verdict
Order of the General Court (First Chamber) of 16 October 2014 —Tameio Pronoias Prosopikou Trapezis Kyprou v Commission and ECB(Case T‑328/13)
"Action for annulment - Cyprus stability support programme - Declaration of the Eurogroup concerning the restructuring of the banking sector in Cyprus - Erroneous identification of the defendant in the application - Inadmissibility"
Judicial proceedingsApplication initiating proceedingsFormal requirementsIdentification of the defendantDesignation as defendant, without error on the part of the applicant, of a person other than the author of the contested measureInadmissibilityLimitsFactors allowing the defendant to be identified without difficulty (Art. 263, first para., TFEU; Statute of the Court of Justice, Art. 21; Rules of Procedure of the General Court, Art. 44(1)(b)) (see para. 36)
Economic and monetary policyMonetary policyCoordination of monetary policiesInformal meeting of Member States using the euro within the EurogroupAutonomous entityImputation of the declarations adopted to the Commission or the European Central BankExclusion (Art. 137 TFEU; Protocol No 14 annexed to the EU and FEU Treaties) (see paras 39, 41-45)
Economic and monetary policyEconomic policyCoordination of economic policiesEuropean stability mechanismPossibility of the Commission and the European Central Bank exercising review powersExclusion (Treaty Establishing the European Stability Mechanism, Arts 1, 2 and 32(2)) (see paras 47, 48)
Actions for annulmentActionable measuresConceptMeasures producing binding legal effectsAssessment of those effects by reference to the substance of the measureDeclarations adopted by the EurogroupNot included (Arts 137 TFEU and 263(1) TFEU; Protocol No 14 annexed to the EU and FEU Treaties) (see paras 51-53, 60)
Actions for annulmentJurisdiction of the EU judicatureClaim for a declaratory judgmentInadmissibility (Art. 263 TFEU) (see para. 64)
Re:
APPLICATION for annulment of the declaration of the Eurogroup of 25 March 2013 concerning, inter alia, the restructuring of the banking sector in Cyprus.
Operative part
The action is dismissed as inadmissible.
Tameio Pronoias Prosopikou Trapezis Kyprou is ordered to pay, in addition to its own costs, the costs incurred by the European Commission and by the European Central Bank (ECB).