CELEX: 62014TA0664
Language: en
Date: 2018-12-07 00:00:00
Title: Case T-664/14: Judgment of the General Court of 7 December 2018 — Belgium v Commission (State Aid — Aid implemented by Belgium for the benefit of financial cooperatives in the ARCO Group — Guarantee scheme protecting the shares held by individual members of those cooperatives — Decision declaring the aid incompatible with the internal market and prohibiting the payment of guaranteed amounts to individual members — Subject matter of the dispute — Recovery — Proportionality)

25.2.2019   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 72/13
            
         
      Judgment of the General Court of 7 December 2018 — Belgium v Commission
      (Case T-664/14) (1)
      
      ((State Aid - Aid implemented by Belgium for the benefit of financial cooperatives in the ARCO Group - Guarantee scheme protecting the shares held by individual members of those cooperatives - Decision declaring the aid incompatible with the internal market and prohibiting the payment of guaranteed amounts to individual members - Subject matter of the dispute - Recovery - Proportionality))
      (2019/C 72/15)
      Language of the case: French
      
         Parties
      
      
         Applicant: Kingdom of Belgium (represented by: C. Pochet and J.-C. Halleux, acting as Agents, and J. Meyers, lawyer)
      
         Defendant: European Commission (represented by: L. Flynn and B. Stromsky, acting as Agents)
      
         Re:
      
      Action brought under Article 263 TFEU seeking annulment of Article 2(4) of Commission Decision 2014/686/EU of 3 July 2014 on State aid SA.33927 (12/C) (ex 11/NN) implemented by Belgium — Guarantee scheme protecting the shares of individual members of financial cooperatives (OJ 2014 L 284, p. 53).
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Annuls Article 2(4) of Commission Decision 2014/686/EU of 3 July 2014 on State aid SA.33927 (12/C) (ex 11/NN) implemented by Belgium — Guarantee scheme protecting the shares of individual members of financial cooperatives;
               
            
                  2.
               
               
                  Orders the European Commission to pay the costs.
               
            
         (1)  OJ C 380, 27.10.2014.