AGP Executive Report
Last update: 10 hours agoEU Ukraine Support: The EU is readying a €90bn loan package for Ukraine, with the first €5.9bn tranche earmarked for drones, alongside proposals for 80+ new Russia sanctions targeting its military-industrial complex and “war economy.” EU Trade & Industry: Metinvest boss Yuriy Ryzhenkov warns new EU steel import quotas due 1 July could “kill” Ukraine’s steel industry, as Brussels halves tariff-free access and hikes duties on over-quota volumes. Tech & Business: AI coding startup Cursor, backed by SpaceX option talks, is opening a London European HQ and hiring ~200 staff, while Belgium reports 34.5% of firms using AI—among the highest in Europe. Aerospace & Defence: Reuters says Europe’s FCAS joint fighter program has been cancelled after France-Germany industrial deadlock. Energy & Infrastructure: SONATRACH has broken ground on Algeria’s section of the Trans-Saharan Gas Pipeline linking Nigeria through Niger to Algeria, aiming at 20–30 bcm/year exports to Europe. Aviation & Mobility: IndiGo hints at a new “under development” business product for its A350 fleet, while a Dunkirk SAF venture (Technip Energies, Airbus, Safran, Tereos) targets 160,000 tons/year of alcohol-to-jet fuel. Diplomacy: Armenia’s pro-European PM Nikol Pashinyan wins another mandate, setting up tougher Russia-EU tensions in the South Caucasus.
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.