AGP Executive Report
Last update: 11 hours agoECB Watch: The European Central Bank is widely expected to lift rates by 25 bps on June 11 for the first hike since 2024, as energy-driven inflation pressures return. Sustainable Finance Clash: European asset managers are split on whether SpaceX qualifies under EU sustainability rules ahead of its IPO, with some treating it as only “light green” or even non-compliant. Market Infrastructure: Euroclear’s Project Pythagore targets tokenizing France’s €310bn NEU CP short-term debt market using wholesale CBDC settlement via the Banque de France. Carbon Policy: EU co-legislators agreed stronger price controls for ETS2, including a stability reserve trigger if permit prices exceed €45/tonne. Banking & Regulation: UK’s CMA has opened an inquiry into Ryanair’s policy of charging parents to sit with children. Crypto & Custody: Ondo Finance expanded native swaps for 260+ tokenized stocks/ETFs to Ledger hardware wallets, while “Stand With Crypto” pushes back on banks blocking transfers. Defense Industrial Base: Germany is moving to build a sixth-generation fighter after FCAS collapse, with Team Gen 6 led by Airbus. Energy & Geopolitics: A poll finds only 11% of Europeans trust the US as an ally, adding fuel to calls for more EU defense spending.
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.