62023CJ0574_INF
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.