January 23, 2025
Italy court rejects govt request to suspend 1 billion euro payment to TIM #ItalyFinance

Italy court rejects govt request to suspend 1 billion euro payment to TIM #ItalyFinance

Financial Insights That Matter

Posted By Global Banking and Finance Review

Posted on January 22, 2025

MILAN (Reuters) – An Italian appeals court has rejected a request by Italy’s government to suspend a 1 billion euro ($1.04 billion) payment to Telecom Italia(TIM) in a dispute linked to the liberalisation of the telecoms sector dating back to 1998, two legal sources said on Wednesday.

($1 = 0.9588 euros)

(Reporting by Elvira Pollina and Paolo Chiriatti, writing by Cristina Carlevaro, editing Giulia Segreti)

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