You are here:

CJEU Case C-731/18 P / Judgment

Bank for Development and Foreign Economic Affairs (Vnesheconombank) v Council of the European Union

Deciding Body type:
Court of Justice of the European Union
Deciding Body:
Court (Seventh Chamber)
Type:
Decision
Decision date:
25/06/2020
ECLI:
ECLI:EU:C:2020:500

Key facts of the case:

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.

Outcome of the case:

Par ces motifs, la Cour (septième chambre) déclare et arrête :

  1. Le pourvoi est rejeté.
  2. Bank for Development and Foreign Economic Affairs (Vnesheconombank) est condamnée à supporter, outre ses propres dépens, ceux exposés par le Conseil de l’Union européenne.
  3. La Commission européenne supporte ses propres dépens.