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)
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:
Dismisses the action;
Orders ABN Amro Group NV to pay the costs.
________________________1 OJ C 252, 27.8.2011.