154Moreover, it must be recalled that, where a Community institution has a wide discretion, the review of observance of guarantees conferred by the Community legal order in administrative procedures is of fundamental importance. The Court of Justice has had occasion to specify that those guarantees include, in particular for the competent institution, the obligations to examine carefully and impartially all the relevant elements of the individual case and to give an adequate statement of the reasons for its decision (Case C-269/90 Technische Universität München [1991] ECR I-5469, paragraph 14; Joined Cases C-258/90 and C-259/90 Pesquerias De Bermeo and Naviera Laida v Commission [1992] ECR I-2901, paragraph 26; Spain v Lenzing, cited in paragraph 153 above, paragraph 58; and Netherlands v Commission, cited in paragraph 153 above, paragraph 56).
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