Italian Prime Minister Silvio Berlusconi is having a bad week.

Berlusconi announced earlier this week that he would not run for re-election, although some observers see this simply as a political maneuver.

Now, Berlusconi’s company Fininvest has lost a legal case and has been ordered to pay 560 million Euros in damages to a rival company over bribery allegations in Fininvest’s acquisition of the publisher Mondadori.

BBC reports on the story, as does La Repubblica.