La Cour de justice et la mise en balance des intérêts dans le contexte de crise financière: la décision Dowling et al.

Abstract

(Series Information) European Papers - A Journal on Law and Integration, 2017 2(2), 743-748 | European Forum Insight of 16 July 2017 | (Table of Contents) I. Introduction. - II. La mise en balance en matière financière - des circonstances délicates. - III. La mise en balance en matière financière - des interrogations nouvelles. | (Abstract) The European Court of Justice ruled in November 2016 on a case where shareholders of a private bank were opposing the Republic of Ireland over recapitalisation measures taken by this Member State against the bank in order to obtain financial assistance from the institutions of the European Union (judgment of 8 November 2016, case C-41/15, Dowling et al. c. Ministère des finances [GC]). This decision shows how the Court of Justice uses the balance of interests in economic and financial matters. New questions nevertheless arise with regards to the scope of the objective of financial stability that is used in this technical field to limit fundamental rights of individuals.

Keywords

• financial crisis
• state default
• recapitalisation of national banks
• eu financial assistance to ireland
• protection of shareholders
• recapitalisation by means of judicial direction order