AGP Executive Report
Last update: 9 hours agoDigital Euro Rollout: The ECB has selected 36 payment service providers to join the digital euro pilot across 19 central banks, with testing due to start in late 2027. AML Rulemaking: CySEC urges Cyprus firms to take part in two AMLA consultations shaping new EU anti-money laundering standards, with deadlines in September. Energy & Grid Security: Cyprus faces an electricity adequacy risk if natural gas doesn’t arrive by 2030, with CERA pushing for activation of the capacity mechanism for extra conventional generation. Solar for Data Centers: Google and Cypress Creek broke ground on the Steel River Energy Center in Arkansas, a 3.5bn-dollar solar-plus-storage project, with LG Energy Solution supplying batteries. Shipping Under Fire: Iran says it closed the Strait of Hormuz again after a warning shot hit a vessel; a Cyprus-flagged ship (GFS Galaxy) was struck and Indian marine engineer Heramb Karmarkar has now been confirmed dead. EU Carbon Costs: Ten EU countries, including Cyprus, urge the bloc to rethink the new fuel carbon price (ETS2) as part of ETS reforms. Waste Policy: Parliament rejected a proposed municipal landfill tax, with the Union of Municipalities saying households shouldn’t pay for state waste-management gaps. Local Business: Lordos Hotels has dispatched a €0.04 per share dividend despite weaker expected 2026 results tied to tourism pressure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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