AGP Executive Report
Last update: 9 hours agoSovereign Credit Watch: Liechtenstein kept its Triple-A rating, with S&P citing low debt, deep reserves and budget surpluses, even as it forecasts stagnation this year and a return to growth in 2027—an important signal for the principality’s reputation as a safe business base. Finance & Regulation: Switzerland’s finance sector is gearing up for a major Finance Forum Zurich where Jean-Claude Juncker and Finance Minister Karin Keller-Sutter will focus on AI, competition and “smarter” regulation as banks face rising pressure. Banking Costs: An EY banking barometer flags rising operating costs as the biggest strain for Swiss and Liechtenstein banks, driven by modernization needs and legacy system constraints. Trade & Tariffs: The U.S. is reshaping Section 232 metal tariffs with temporary rate changes through end-2027, while the IEEPA refund picture is getting more complicated as litigation and enforcement shift. EU Connectivity for the Region: The EU Council approved talks to extend Roam Like at Home to the Western Balkans, building on the existing coverage that already includes Liechtenstein. Travel Friction: The EU’s Entry/Exit System is still causing long border queues, with some countries easing checks to manage summer congestion.
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