CELEX: 62011TA0319
Language: en
Date: 2014-04-08 00:00:00
Title: Case T-319/11: Judgment of the General Court of 8 April 2014  — ABN Amro Group v Commission (State aid — Financial sector — Aid intended to remedy a serious disturbance in the economy of a Member State — Article 107(3)(b) TFEU — Decision declaring the aid compatible with the internal market — Conditions of authorisation of the aid — Prohibition of carrying out acquisitions — Conformity with the Commission’s notices concerning aid to the financial sector in the context of the financial crisis — Proportionality — Equal treatment — Principle of sound administration — Duty to state reasons — Right of property)

26.5.2014   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 159/22
            
         Judgment of the General Court of 8 April 2014 — ABN Amro Group v Commission
   (Case T-319/11) (1)
   
   ((State aid - Financial sector - Aid intended to remedy a serious disturbance in the economy of a Member State - Article 107(3)(b) TFEU - Decision declaring the aid compatible with the internal market - Conditions of authorisation of the aid - Prohibition of carrying out acquisitions - Conformity with the Commission’s notices concerning aid to the financial sector in the context of the financial crisis - Proportionality - Equal treatment - Principle of sound administration - Duty to state reasons - Right of property))
   2014/C 159/29
   Language of the case: English
   
      Parties
   
   
      Applicant: ABN Amro Group NV (Amsterdam, Netherlands) (represented by: W. Knibbeler and P. van den Berg, lawyers)
   
      Defendant: European Commission (represented by: L. Flynn and S. Noë, acting as Agents)
   
      Re:
   
   Annulment in part of Commission Decision 2011/823/EU of 5 April 2011 on the measures C 11/09 (ex NN 53b/08, NN 2/10 and N 19/10) implemented by the Dutch State for ABN Amro Group NV (created following the merger between Fortis Bank Nederland and ABN Amro N) (OJ 2011 L 333, p. 1).
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Dismisses the action;
            
         
               2.
            
            
               Orders ABN Amro Group NV to pay the costs.
            
         
      (1)  OJ C 252, 27.8.2011.