AGP Executive Report
Last update: 10 hours agoBanking Outlook: Jefferies reiterates a bullish stance on Greek banks, citing Greece’s continued growth outperformance (2.0% YoY in Q1 2026) and banks trading at a ~15% discount versus peers. Lending Push: Eurobank targets over €1.3bn in Crete financing through 2028, spanning tourism, energy, construction and services. Housing & Tourism Pressure: Greece clamps down on Santorini cruise crowds with an 8,000 daily passenger cap and a tiered levy, aiming to curb gridlock and manage demand. Crypto Policy: Greece moves to close the crypto tax gap with a proposed 15% capital gains tax on cryptocurrency profits, with tighter reporting expected. Infrastructure for Growth: Lesvos faces rising Turkish visitor demand that boosts business but strains ports, roads and transport, prompting calls for upgrades. Circular Economy: Athienou (Cyprus) launches a composting resilience hub to turn organic waste into farm-ready compost via Horizon Europe’s NURISH project. Tech & Security: SK Telecom joins an EU Horizon Europe quantum security project to develop AI-powered quantum key distribution for future secure networks. Maritime/FTT Watch: A Europe-wide review maps financial transaction taxes and notes EU plans to withdraw an FTT proposal amid resistance.
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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