CELEX: 62010TO0259
Language: en
Date: 2011-06-15 00:00:00
Title: Order of the General Court (Third Chamber) of 15 June 2011. # Thomas Ax v Council of the European Union. # Action for annulment - European Union financial assistance to a Member State experiencing serious economic or financial disruption - Regulation establishing the conditions and procedures under which European Union financial assistance may be granted - Article 263, fourth paragraph, TFEU - No direct concern - Inadmissibility. # Case T-259/10.

Order of the General Court (Third Chamber) of 15 June 2011 – Ax v Council
      (Case T-259/10)
      Action for annulment – European Union financial assistance to a Member State experiencing serious economic or financial disruption – Regulation establishing the conditions and procedures under which European Union financial assistance may be granted – Article 263, fourth paragraph, TFEU – No direct concern – Inadmissibility
      Actions for annulment – Natural or legal persons – Measures of direct and individual concern to them – Whether directly concerned – Criteria – Regulation establishing a European financial stabilisation mechanism – Regulation limited to establishing the conditions and procedure for granting financial assistance to a Member State – Wide discretion of the Council as to the conditions to be fulfilled by the Member State in order to receive assistance – Loss of value of the applicant’s pension rights depending on various other factors – Applicant not directly affected (Art. 263, para. 4, TFEU; Council Regulation No 407/2010) (see paras 20-25)
      Re:
      
         
               APPLICATION for annulment of Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation
                  mechanism (OJ 2010 L 118, p. 1).
               
            Operative part
      
         
                   
               
               
                  
               
               
                  	1.The action is dismissed.
               
            
         
                  2.
               
               
                  
               
               
                  	Mr Thomas Ax is ordered to bear his own costs and to pay those incurred by the Council of the European Union.
               
            
         
                  3.
               
               
                  
               
               
                  	The Republic of Latvia and the European Commission are ordered to bear their own costs.