AGP Executive Report
Last update: an hour agoUK-EU Tech Reset: Britain floated a “tech pact” with the EU to boost AI and innovation, with Business Secretary Peter Kyle pitching London’s scale-up strength ahead of a likely July summit. Banking Rules: The European Commission adopted temporary Basel III changes to how EU banks apply market risk rules from 1 January 2027, aiming to avoid distortions from delays elsewhere. Schengen Tensions: Brussels urged Germany to start phasing out internal border checks, while also preparing tighter Schengen visa rules for Russian citizens amid political backlash. Western Balkans Enlargement: Macron and Merz pushed faster EU enlargement at the Montenegro summit, proposing incentives like gradual single-market access and simplified negotiations. Armenia Vote Watch: Armenia’s election is framed as a geopolitical test as the EU prepares €50m support over Russian trade restrictions, while police report a vote-buying scheme ahead of Sunday’s vote. Crypto Payments: PayPal’s PYUSD supply fell 31% from its March peak to about $2.92bn as liquidity flows cooled, even as PayPal expands access across 70 markets. Kosovo Politics: Kosovo heads to a third election in 18 months as EU and NATO aspirations collide with a stalled political deal. Moldova Local EU Aid: Enlargement Commissioner Marta Kos met Moldova mayors and backed projects including modernization of 20 schools.
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