AGP Executive Report
Last update: 10 hours agoImmigration Shockwave (Switzerland): A new study warns that the SVP’s “No to 10 million” plan—cutting EU/EFTA work access and capping net immigration at 40,000 from as early as 2027—could hit Switzerland’s labour supply “drastically,” with effects potentially felt immediately, even though the 9.5m population trigger is expected around 2032. Wealth & Courts (Liechtenstein): A late-2025 Liechtenstein court ruling is still sparking debate in wealth circles after a Polish billionaire’s foundation-based succession transfer was upheld as properly executed—raising the question of whether the structure failed or simply worked as designed. Trade Implementation (EFTA): India is pushing for early fixes to implementation issues in the India–EFTA TEPA, urging both sides to remove non-tariff barriers so businesses can use the pact fully. Local/Border Friction (EU travel): Portugal and Italy are refusing to suspend the EU’s Entry/Exit biometric system despite chaos elsewhere, while a passport-control failure at Lanzarote stranded non-EU travellers including Swiss and Liechtenstein nationals. Finance (Serbia): Serbia joins SEPA from May 6, aiming to cut transfer costs and speed euro payments to one business day.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.