Page 15 - bne_newspaper_April_12_2019

Central Europe
April 12, 2019 www.intellinews.com I Page 15
Estonia’s Centre party moves closer
to retaining power despite losing election
Estonia’s incumbent Centre party agreed coalition terms with the conservative Fatherland and
the far-right EKRE party on April 6, bolstering
its chances to remain in power despite losing election to main rival, the liberal Reform party.
Following the election on March 3, President Kersti Kaljulaid has tasked the winning Reform party with forming the Baltic state’s new government. The liberals have struggled, however, in securing a coalition that would give them a majority in the 101-seat parliament, the Riigikogu.
Reform can only count on social democrats from the SDE group but talks with Fatherland appear to have gone nowhere. A grand coalition with Centre has also been ruled out while working with EKRE remains a no-go for Reform.
Reform has 34 seats in the Riigikogu. Following departure of one MP, Centre has 25 seats now. EKRE has 19 while Fatherland has 12 and SDE 10. The defector from Centre, Raimond Kaljulaid – the president’s half-brother – decided to become an independent MP.
Centre might secure 56 seats in the parliament in its possible coalition with Fatherland and EKRE – if President Kaljulaid does hand the government-formation mission to the party.
Read the full story here
bne:Tech
May, 2018 www.intellinews.com @bneintellinews
Avast to enter London bourse in bid to raise up to $1bn Jaroslav Hroch in Prague
Avast, which owns the popular consumer antivirus company AVG, will apply to list its shares on the London Stock Exchange in the hope of raising $200mn (CZK4.1bn) in primary proceeds from an IPO, the Czech-founded company announced on April 12.
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St Petersburg's start-up scene flourishes on high talent and low costs
Contents
Avast to enter London bourse
in bid to raise up to $1bn 1 Avast to enter London bourse in bid to raise up to $1bn 2 St Petersburg's start-up scene
flourishes on high talent and low costs 3 Romania entrepreneur aims to put home-grown UAV defence technology industry on the map 6
FinTech
Russia's mobile major MTS increases stake in Ozon to 16.7% 9
Blockchain
Romanian startups at the heart
of blockchain energy trading rally 10
Central Europe
Russian-Lithuanian startup Gosu.ai
raises $1.9mn from Russian and
French investors 13
Eurasia
Iran hit by cyber attack that left US
flag on screens 14 Iranian government set to block hugely popular Telegram messaging app 15 Iran's black market phone disconnection drive pushes up legal mobile imports 15
Eastern Europe
Internet catches up with TV on Russian
ad market 17 Sales of connected appliances jump
in Russia 17 Russia's HeadHunter Group seeks
to raise $250mn with NASDAQ IPO 18 Russia ranks second in the world
for digital piracy 18 Russian messaging service Telegram raised another $850mn with ICO 19
Southeast Europe
Russia's HeadHunter Group seeks
to raise $250mn with NASDAQ IPO 20
The Regions This Month 21
Filip Brokes in St Petersburg
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