AGP Executive Report
Last update: 2 hours agoGreek Justice Abroad: The UAE has accepted Greece’s extradition request for a 43-year-old suspect tied to a criminal network allegedly linked to Greek mafia killings, with a second suspect still awaiting extra documentation. EU Tax Policy: Brussels is pushing higher tobacco taxes and new minimum excise duties for e-cigarettes, heated tobacco and nicotine pouches, raising pressure on smokers and retailers. Markets & Risk: European stocks closed mostly lower as Iran–US tensions lifted oil prices and bond yields. Energy & Infrastructure: The Greece–Cyprus Great Sea Interconnector is moving forward after Meridiam’s majority stake, with seabed surveys and NAVTEX notices next. Payments Modernisation: Cyprus prepares to send money by phone number using a “Cyprus IRIS” system based on Greece’s IRIS, targeting early 2027. Retail Demand: Greek summer sales are underwhelming, with early data showing turnover down for about half of retailers. Disaster Response: Authorities completed building inspections on Salamina after flooding, classifying 22 structures by damage level, while nationwide inspections reached 427. Shipping Outlook: Global shipbuilding orders are accelerating at the fastest pace since 2008, with Greek owners among the most aggressive buyers.
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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