AGP Executive Report
Last update: 8 hours agoAutomotive Industrial Policy: Stellantis, Volkswagen and Renault are pushing EU lawmakers for “Made in Europe” rules, proposing a framework that would require 70% local content for 70% of EU vehicles, explicitly including Liechtenstein in the eligible footprint. Energy Costs: A new cross-country ranking puts Liechtenstein among Europe’s higher residential electricity prices (about $0.402 per kWh on a 2023–2026 average), highlighting how taxes, fuel access and grid costs shape household bills. Trade & Pharma Cooperation: India’s Commerce Minister Piyush Goyal will visit Berne on June 12–13 to advance the India-EFTA Trade and Economic Partnership Agreement (TEPA), with talks focused on implementation issues and boosting bilateral trade and investment, including with Liechtenstein as part of the EFTA group. Telecom Infrastructure: Liechtenstein-linked Ka-band spectrum filings are tied to Open Cosmos’ request for an ITU deadline extension for its sovereign broadband satellite constellation after launch setbacks. Digital Infrastructure Deal: Liechtenstein-based Gnomon Capital acquired Croatia’s DC North data centre operator, adding capacity and connectivity services as European demand for secure digital infrastructure keeps rising. Sovereign Credit: S&P reaffirmed Liechtenstein’s Triple-A rating with a stable outlook, citing low debt, deep reserves and budget surpluses despite near-term stagnation.
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.