AGP Executive Report
Last update: 9 hours agoEU-US Trade: MEPs have cleared the final parliamentary steps on the long-delayed EU-US tariff deal, voting to remove tariffs on US industrial goods and lobster, paving the way for formal Council approval and implementation. Central Banking: The Bank of Japan lifted its policy rate to a 31-year high of 1.0%, warning elevated oil prices and a weak yen could push inflation above target. Crypto Regulation: Binance is facing an imminent MiCA licensing setback in Greece, with Reuters reporting the application could be denied—threatening loss of EU-wide passporting rights from July. Payments & Fintech: Visa is rolling out Click to Pay for eligible Revolut cardholders, while ACI Worldwide and Rabobank are moving iDEAL to Wero for real-time payments; Currenxie also gained SEPA participant status. Banking Health: Bangladesh’s central bank says hidden bad loans have eroded capital, pushing banks’ capital adequacy ratio negative by end-2025. Energy Finance: Armenia’s central bank says a gas price hike is highly unlikely, while Italy’s battery and SME financing stories highlight continued investment pressure and funding gaps.
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.