62022CJ0262_INF
Judgment of the Court (Sixth Chamber) of 28 September 2023 –QI and Others v Commission and ECB
(Case C‑262/22 P) (
1
)
(Appeal – Action for damages – Economic and monetary policy – Restructuring of Greek public debt – Private sector involvement – Mandatory exchange of State bonds governed by Greek law – Collective action clauses – Activation – Damage relating to the reduction of the face value of the government bonds exchanged – Principle of proportionality)
1.
Appeal – Grounds – Breach of the duty to respond to the pleas in law and claims of the parties – None
(Statute of the Court of Justice, Art. 58, first para.)
(see paragraphs 46, 49-52)
2.
Appeal – Grounds – Inadequate statement of reasons – Reliance by the General Court on implied reasoning – Whether permissible – Conditions
(Art. 256 TFEU; Statute of the Court of Justice, Arts 36 and 53, first para.)
(see paragraphs 55-58, 60)
3.
Appeal – Grounds – Incorrect assessment of the facts and evidence – Inadmissibility – Review by the Court of Justice of the assessment of the facts and evidence – Possible only where the facts or evidence have been distorted
(Art. 256(1), second subpara., TFEU; Statute of the Court of Justice, Art. 58, first para.)
(see paragraphs 62-64)
4.
Appeal – Grounds – Error of law relied on not identified – Inadmissibility
(Art. 256(1) TFEU; Statute of the Court of Justice, Art. 58, first para.; Rules of Procedure of the Court of Justice, Art. 168(1)(d))
(see paragraphs 71-73)
5.
Judicial proceedings – Introduction of new pleas during the proceedings – Plea raised for the first time at the reply stage – Inadmissibility
(Rules of Procedure of the Court of Justice, Arts 127(1) and 190(1))
(see paragraph 74)
Operative part
The Court:
1.
Dismisses the appeal;
2.
Orders QI, QJ, QL, QM, QN, QP, QQ, QT, QU, QW and QX to bear their own costs and to pay those incurred by the European Commission and the European Central Bank (ECB);
3.
Orders the European Council and the Council of the European Union to bear their own costs incurred in the present appeal.
(
1
)	OJ C 244, 27.6.2022.