CELEX: 62014TA0739
Language: en
Date: 2018-09-13 00:00:00
Title: Case T-739/14: Judgment of the General Court of 13 September 2018 — PSC Prominvestbank v Council (Common foreign and security policy — Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine — Inclusion of the name of the entity owning the applicant 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 powers — Right to property — Freedom to conduct a business — Equal treatment)

29.10.2018   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 392/18
            
         
      Judgment of the General Court of 13 September 2018 — PSC Prominvestbank v Council
      (Case T-739/14) (1)
      
      ((Common foreign and security policy - Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine - Inclusion of the name of the entity owning the applicant 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 powers - Right to property - Freedom to conduct a business - Equal treatment))
      (2018/C 392/21)
      Language of the case: Spanish
      
         Parties
      
      
         Applicant: PSC Prominvestbank, Joint-Stock Commercial Industrial & Investment Bank (Kiev, Ukraine) (represented by: J.M. Viñals Camallonga, J.L. Iriarte Ángel and L. Barriola Urruticoechea, lawyers)
      
         Defendant: Council of the European Union (represented by: initially A. de Elera-San Miguel Hurtado and F. Florindo Gijón, and subsequently F. Florindo Gijón, P. Mahnič Bruni and H. Marcos Fraile, Agents)
      
         Intervener in support of the defendant: European Commission (represented by: F. Castillo de la Torre, D. Gauci and S. Pardo Quintillán, Agents)
      
         Re:
      
      Application under Article 263 TFEU seeking annulment in part of Council Decision 2014/512/CFSP of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 13), as amended by Council Decision 2014/659/CFSP of 8 September 2014, amending Decision 2014/512 (OJ 2014 L 271, p. 54), and of Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ 2014 L 229, p. 1), as amended by Council Regulation (EU) No 960/2014 of 8 September 2014, amending Regulation No 833/2014 (OJ 2014 L 271, p. 3), in so far as those acts concern the applicant.
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Dismisses the action;
               
            
                  2.
               
               
                  Orders PSC Prominvestbank, Joint-Stock Commercial Industrial & Investment Bank 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 7, 12.1.2015.