AGP Executive Report
Last update: 5 hours agoMarkets: Europe has shown some resilience as investors rotate away from AI-heavy stocks, but global tech jitters are driving volatility. Brent crude’s sharp weekly drop below $100 is also shifting the outlook for inflation and energy costs. ECB Leadership: Klaas Knot and Pablo Hernández de Cos are the leading candidates to replace Christine Lagarde, who plans to leave in February. Euro-area finance ministers are due to discuss the choice on Monday. Banking Risks: Greek banks face rising bad loans and cyber threats; €1.7 billion in performing loans turned non-performing in the first half of 2026. French bank Crédit Mutuel Arkéa, meanwhile, says it has recovered part of the €118 million stolen in a cyberattack. Green Finance: The EIB is providing €100 million through Eximbank Hungary to help businesses fund solar power, energy efficiency and cleaner transport. Crypto Oversight: US authorities have moved to cut MEXC off from the American financial system over alleged illicit transactions, adding pressure on exchanges to strengthen compliance.
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