Information;Judgment — ECLI:EU:C:2024:746
Date: 2024-09-12
Language of the case: Italian
Court formation: Seventh Chamber
Subject matter: Provisions governing the Institutions
Procedure: Action for annulment;Appeal - unfounded;Appeal - inadmissible
Origin: Italy

Judgment of the Court (Seventh Chamber) of 12 September 2024 – Nardi v ECB (Case C‑574/23 P) (1) ( Appeal – Action for damages – Statement by the President of the European Central Bank (ECB) at a press conference – Alleged damage arising from that statement – Reduction in stock prices – Absence of infringement of rules of law intended to confer rights on individuals – Setting of monetary policy objectives – Division of powers between the decision-making bodies of the ECB – Misuse of power ) 1. Appeal – Grounds – Insufficient statement of reasons – Admissibility – Scope of the obligation to state reasons – Reliance by the General Court on implied reasoning – Whether permissible (Art. 296 TFEU) (see paragraph 34) 2. Non-contractual liability – Conditions – Unlawfulness – Sufficiently serious breach of a rule of law intended to confer rights on individuals (Art. 340, second para., TFEU) (see paragraph 36) 3. Appeal – Grounds – Plea raised for the first time in the context of the appeal – Inadmissibility – Plea seeking solely to contest the merits of the judgment under appeal – Plea arising from the judgment under appeal – Admissibility (Rules of Procedure of the Court of Justice, Art. 170(1)) (see paragraphs 45, 46) 4. EU law – Principles – Protection of legitimate expectations – Conditions – Specific assurances given by the authorities (see paragraph 47) 5. Non-contractual liability – Conditions – Sufficiently serious breach of a rule of law intended to confer rights on individuals – Disregard of the system for the allocation of powers between the institutions and of the substantive provisions – Whether permissible (Art. 340, second para., TFEU) (see paragraph 55) Operative part The Court: 1. Dismisses the appeal. 2. Orders Ms Anna Nardi to pay the costs. 1 OJ C 963, 27.11.2023.