AGP Executive Report
Last update: 5 hours agoEU Defence Finance: Greece has signed up to the EU’s Security Action for Europe (SAFE) programme, unlocking up to €787.7m in long-term, favourable loans for surveillance, secure communications and counter-drone tech, plus €118.15m in pre-financing to speed early projects. EU Procurement & Trade: Greece’s SAFE participation also sits alongside a wider SAFE push, with Canada now able to join EU defence procurement under the €150bn programme—expanding market access for suppliers. Automotive Industrial Policy: Volkswagen, Stellantis and Renault are urging EU policymakers to strengthen “Made in Europe” rules, including incentives tied to local content (70%/70% proposals) to help European carmakers compete with lower-priced Chinese EVs. Liechtenstein in Global Sports Governance: Liechtenstein lawyer Alexander Ospelt narrowly beat Johan Eliasch to become FIS president, campaigning on transparency and financial oversight after a closely fought election. India–EFTA Trade (TEPA): India’s Piyush Goyal is in Switzerland to advance the India–EFTA TEPA rollout, with talks expected to focus on implementation issues and cooperation with Swiss pharma and biotech. Energy Costs (Regional Lens): A new ranking puts Liechtenstein among the higher residential electricity price countries in Europe (about $0.402/kWh), highlighting how policy and infrastructure drive big cross-country differences. Digital/Space & Liechtenstein Link: Open Cosmos says Liechtenstein’s Ka-band spectrum filings are tied to an ITU extension request after launch delays, affecting its planned sovereign broadband satellite rollout.
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