AGP Executive Report
Last update: 10 hours agoCost-of-Living Pressure: Youth-led protests spread across France, Germany and Italy over rising prices and strained public services. France’s marches drew about 320,000 people and were largely peaceful; demonstrations in Germany turned violent in Frankfurt and Cologne. ECB Leadership: Christine Lagarde plans to leave the European Central Bank on 7 February 2027, eight months before her term ends. France’s Finances: Fitch kept France’s A+ rating but cut its outlook to negative, citing weak growth, rising debt and political divisions that complicate budget cuts. Trade and Growth: Germany’s trade deficit with Asia-Pacific is forecast to hit a record €146 billion in 2026, as exports to China weaken. The eurozone grew 0.4% in the third quarter; Spain’s economy expanded 0.6%, while inflation reached 4.9%. EU-Canada Ties: The EU and Canada launched a new partnership and agreed a digital trade deal, aiming to deepen cooperation across strategic sectors.
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