Information;Order — ECLI:EU:T:2024:538
Date: 2024-08-06
Language of the case: German
Court formation: Second Chamber
Subject matter: Economic and monetary policy
Procedure: Action for annulment - successful

Action brought on 12 July 2023 – Erste Group Bank v SRB (Case T-400/23) Language of the case: German Parties Applicant: Erste Group Bank AG (Vienna, Austria) (represented by: G. Eisenberger, A Brenneis and J. Holzmann, lawyers) Defendant: Single Resolution Board (SRB) Form of order sought The applicant claims that the Court should: annul the decision of the Single Resolution Board of 2 May 2023 on the calculation of the 2023 ex-ante contributions to the Single Resolution Fund (SRB/ES/2023/23) together with annexes, at least in so far as it concerns the applicant, and order the Single Resolution Board to pay the costs. The applicant further claims that, on account of the connection between and same subject matter of the following cases, they should be joined for the purposes of the written or oral part of the procedure and decision, pursuant to Article 68 of the Rules of Procedure of the General Court: T-400/23, Erste Group Bank v SRB, T-401/23, Erste Bank der österreichischen Sparkassen v SRB, T-402/23, Steiermärkische Bank und Sparkasse v SRB, T-403/23, Dornbirner Sparkasse Bank v SRB, T-404/23, Kärntner Sparkasse v SRB, T-405/23, Sparkasse Niederösterreich Mitte West v SRB, T-406/23, Tiroler Sparkasse v SRB, T-407/23, Salzburger Sparkasse Bank v SRB, T-408/23, Sparkasse Oberösterreich Bank v SRB. Pleas in law and main arguments In support of the action, the applicant relies on the following plea in law: The contested decision infringes Article 102 of Directive 2014/59/EU, 1 Articles 69 and 70(2) of Regulation (EU) No 806/2014, 2 Articles 3 and 4 of Delegated Regulation (EU) 2015/63 3 and the principle of proportionality due to an incorrect determination of the target level, as the defendant set an excessive target level contrary to the EU legal framework. ____________ 1 Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ 2014 L 173, p. 190). 1 Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ 2014 L 225, p. 1). 1 Commission Delegated Regulation (EU) 2015/63 of 21 October 2014 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to ex ante contributions to resolution financing arrangements (OJ 2015 L 11, p. 44).