Italy highest court says Berlusconi company must pay huge fineSeptember 17, 2013 - 19:37 AMT PanARMENIAN.Net - Italy’s highest court has upheld a ruling that Silvio Berlusconi’s family investment company must pay a huge fine for corruption, but gave it a slight discount on the half a billion euro judgment, the Associated Press reported. The Court of Cassation on Tuesday, Sept 17, rejected most of Fininvest’s objections to lower courts’ rulings against it for corruption in the purchase of the Mondadori publishing house, a key step in the creation of Berlusconi’s media empire in the 1990s. An appeals court had awarded a rival media company 564 million euros — down from an initial 750 million euros. But the high court lowered damages to 541 million euros ($722 million). Berlusconi is fighting efforts in the Senate to remove him from office after his tax fraud conviction, threatening the stability of Italy’s uneasy coalition government. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 |