CELEX: 62018CA0731
Language: en
Date: 2020-06-25 00:00:00
Title: Case C-731/18 P: Judgment of the Court (Seventh Chamber) of 25 June 2020 — Bank for Development and Foreign Economic Affairs (Vnesheconombank) v Council of the European Union, European Commission (Appeal — Restrictive measures adopted in view of the Russian Federation’s actions destabilising the situation in Ukraine — Appellant’s name included and retained in the list of entities to which the restrictive measures apply — Obligation to state reasons — Manifest error of assessment — Right to effective judicial protection — Misuse of power — Right to property — Equal treatment)

24.8.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 279/4
            
         
      Judgment of the Court (Seventh Chamber) of 25 June 2020 — Bank for Development and Foreign Economic Affairs (Vnesheconombank) v Council of the European Union, European Commission
      (Case C-731/18 P) (1)
      
      (Appeal - Restrictive measures adopted in view of the Russian Federation’s actions destabilising the situation in Ukraine - Appellant’s name included and retained in the list of entities to which the restrictive measures apply - Obligation to state reasons - Manifest error of assessment - Right to effective judicial protection - Misuse of power - Right to property - Equal treatment)
      (2020/C 279/06)
      Language of the case: Spanish
      
         Parties
      
      
         Appellant: Bank for Development and Foreign Economic Affairs (Vnesheconombank) (represented by: J. Viñals Camallonga and J. Iriarte Ángel, abogados)
      
         Other parties to the proceedings: Council of the European Union (represented by: F. Florindo Gijón and P. Mahnič, acting as Agents), European Commission (represented initially by S. Pardo Quintillán, A. Tizzano and C. Zadra, and subsequently by S. Pardo Quintillán and J. Roberti di Sarsina, acting as Agents)
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Dismisses the appeal;
               
            
                  2.
               
               
                  Orders the Bank for Development and Foreign Economic Affairs (Vnesheconombank) to bear its own costs and to pay those incurred by the Council of the European Union;
               
            
                  3.
               
               
                  Orders the European Commission to bear its own costs.
               
            
         (1)  OJ C 65, 18.2.2019.