AGP Executive Report
Last update: 12 hours agoCritical Minerals Deal: METLEN Energy & Metals signed a long-term agreement to supply a US technology company with gallium, aiming to start production in 2027 and ramp to 50 tons by 2028—part of Europe’s push to secure critical raw materials amid China-led dominance. EU Sanctions Politics: Greece’s LNG carve-out is pushing Brussels to consider smaller, more targeted Russia sanctions packages, after Athens used veto leverage to protect shipping interests. Corporate Results: ElvalHalcor reported a strong first-half jump—revenue up 18% to €2.2bn and pretax profit up 78.6%—boosted by higher metal prices and volumes. Housing Affordability: An IMF analysis highlights Greece’s “affordability paradox”: plenty of homes, but rising prices, constrained supply in key areas, and tourism/short-term rentals are squeezing households. Labour Market Pressure: Greece again tops EU long-hours rankings, with 11.6% of workers clocking 49+ hours weekly in 2025. Energy Costs Debate: A new analysis warns Europe’s high energy prices are still eroding industrial competitiveness, even after the post-2022 shock eased.
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