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Tarmo Virki

Finnish Social Democrats and nationalist Finns Party nearly tied in election

Apr 14 2019

HELSINKI Finland's leftist Social Democrats and the nationalist Finns Party emerged nearly tied to win Sunday's general election, reflecting a mounting sense of insecurity in the Nordic nation over immigration, welfare and climate change. | Video

Estonian watchdog says unacceptable clients remain in banking system

Apr 10 2019

TALLINN Unacceptable clients remain in the Estonian banking system despite tougher regulation, the country's financial watchdog said on Wednesday, adding that some lenders will be placed under detailed monitoring.

Three Estonian parties, including far-right EKRE, agree on coalition plan

Apr 06 2019

TALLINN Estonian Prime Minister Juri Ratas unveiled a three-way coalition agreement with the conservative Fatherland party and the far-right EKRE group, which could see him hold power despite his Centre party having come second in an inconclusive election.

Estonia election winner downplays chance of becoming prime minister

Apr 05 2019

TALLINN The leader of Estonia's largest political party received a formal request from the president on Friday to form a government, but quickly she downplayed her prospects of becoming prime minister.

Nokia plays down compliance issues after shares drop

Mar 22 2019

HELSINKI Nokia sought to play down the risks of an investigation into compliance issues at its Alcatel-Lucent business after its shares fell sharply on Friday.

Oslo to become first city to charge electric taxis over the air

Mar 21 2019

HELSINKI Norway's capital Oslo will become the first city in the world to install wireless charging systems for electric taxis, hoping to make recharging quick and efficient enough to speed the takeup of non-polluting cabs.

Finnish crowdfunding firm Invesdor buys Austrian peer, seeks M&A

Mar 19 2019

HELSINKI Helsinki-headquartered Invesdor has agreed to buy Austrian peer Finnest in an all-share deal, hoping the acquisition will spark further consolidation in the fragmented European crowdfunding market.

Estonian PM invites far-right to join cabinet

Mar 11 2019

TALLINN Estonia Prime Minister Juri Ratas invited EKRE to coalition talks on Monday, reversing a promise to block the anti-immigrant party from the cabinet as he seeks to replace the coalition's smallest partner, the Social Democrats.

Estonian Reform Party to hold coalition talks with Fatherland, Social Democrats

Mar 08 2019

TALLINN Estonia's Reform party, the biggest in parliament after the March 3 election, will hold talks with the conservative Fatherland Party and the Social Democrats on a new cabinet, its leader said on Friday.

China's Touchstone to invest $17 billion in Helsinki-Tallinn tunnel

Mar 08 2019

HELSINKI A train tunnel linking Helsinki with Estonia's capital Tallinn has got a provisional 15 billion euros ($17 billion) in financing from China's Touchstone Capital Partners, the latest infrastructure investment in Beijing's Belt and Road plan.

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