AGP Executive Report
Last update: 4 hours agoDigital Rules: The EU is moving to curb subscription traps, misleading online sales and other unfair digital practices, with proposed penalties of up to 6% of global turnover. Spain’s Strike: A nationwide walkout over housing costs disrupted transport and some factories, though business groups put participation below 5%, sharply at odds with unions’ claims. Growth and Energy: Germany’s economic advisers raised their 2026 forecast but flagged fiscal and US tariff risks; Berlin also plans a strategic gas reserve after missing winter storage targets. Italy lifted its 2026 growth forecast to 0.9% but cut its 2027 outlook to 0.6%, citing weaker investment and household purchasing power. Investment: A survey found 27% of Chinese firms in Germany plan to expand production capacity over the next five years, especially in batteries, infrastructure and robotics, despite concerns over labour costs.
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