AGP Executive Report
Last update: 10 hours agoECB Succession: Christine Lagarde’s planned departure on Feb. 7, 2027, has prompted questions about the bank’s independence and policy outlook as inflation pressures and fiscal strains mount. Banking Turmoil: Serbia’s central bank revoked Alta Bank’s licence as crowds gathered outside branches, raising scrutiny of the regulator’s ties to the lender. Markets & AI: European shares retreated after a strong month as investors questioned AI spending; Lagarde has urged Europe to mobilize its savings for AI, while grid constraints threaten data-centre projects. Energy Profits: European oil majors earned more than €68 billion in the first nine months, buoyed by higher crude prices, and boosted dividends and buybacks. Investment: The EIB and Canada agreed to support critical-mineral projects, while the European Commission is preparing a further €45 billion loan for Ukraine in 2027.
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