62018TO0451_INF
Order of the General Court (Fifth Chamber) of 25 September 2019 –Triantafyllopoulos and Others v ECB
(Case T‑451/18)
(Action for damages — Harm allegedly caused to the applicants due to the absence of supervision of the Achaiki Cooperative Bank by the National Bank of Greece and the ECB — Limitation period — Article 46 of the Statute of the Court of Justice of the European Union — Causal link — Action in part manifestly inadmissible and in part manifestly unfounded in law)
1.
Actions for damages — Limitation period — Point from which time starts to run
(Statute of the Court of Justice, Art. 46)
(see paras 24, 25, 28)
2.
Non-contractual liability — Damage — Damage for which compensation is available — Concept
(Art. 340, second para. TFEU)
(see para. 32)
3.
Non-contractual liability — Conditions — Causal link — Concept — Burden of proof
(Art. 340, second para. TFEU)
(see para. 37)
4.
Non-contractual liability — Conditions — Causal link — Damage resulting from failure of an institution to act — Burden of proof
(Art. 340 TFEU)
(see para. 38)
Re:
Application under Article 268 TFEU seeking reparation for harm which was allegedly caused to the applicants due to the inadequate supervision by the ECB of Trapeza tis Ellados (National Bank of Greece) which, for its part, inadequately supervised Αchaiki Syneteristiki Τrapeza Syn. PE (the Achaiki Cooperative Bank, Greece), in which the applicants hold shares.
Operative part
1.
Dismisses the action.
2.
Orders Mr Panagiotis Triantafyllopoulos and the other applicants whose names are set out in the annex to the order to bear their own costs and to pay those incurred by the European Central Bank (ECB).