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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 0.246 EUR | +0.08% |
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+8.75% | -16.38% |
MILANO (Reuters) - The Italian government said it would appeal to the Supreme Court against a ruling on Wednesday that ordered it to return about 1 billion euros ($1.08 billion) to Telecom Italia (TIM).
A Rome appeals court ruled in favour of the telecoms company, which was seeking to recover a licence fee it was required to pay to the state in 1998, the year after the telecoms sector was deregulated.
The prime minister's office said in a statement it would ask that the ruling be suspended until its appeal is heard.
($1 = 0.9236 euros)
(Reporting by Claudia Cristoferi, editing by Gavin Jones)
| 1st Jan change | Capi. | |
|---|---|---|
| -16.38% | 5.78B | |
| +14.74% | 208B | |
| +1.15% | 118B | |
| -11.90% | 82.11B | |
| +19.25% | 71.25B | |
| +4.19% | 61.11B | |
| -5.94% | 50.52B | |
| -29.76% | 39.32B | |
| -18.02% | 38.12B | |
| -10.37% | 31.35B |
TELECOM ITALIA S.P.A. 
