AGP Executive Report
Last update: 9 hours agoGerman Grant Extension for Batteries: Altech Batteries got a deadline extension for a conditional €46.7m German government grant for its CERENERGY sodium-chloride solid-state battery project in Saxony, pushing full financial close from June 30 to Sept 30, 2026. ECB Policy Watch: Reports say the ECB is considering doubling bank reserve requirements, a move German banks have pushed back on. Euro Inflation Update: Eurostat’s flash estimate puts euro area inflation at 2.8% in June (down from 3.2% in May), with Germany’s rate easing to 2.4%. Crypto Regulation in the EU: MiCA licensing gaps remain, with some EU states still having zero crypto licenses after the latest wave of approvals. Antitrust/Competition: A Swedish court ordered Google to pay PriceRunner about $1.5bn in damages over alleged self-preferencing in search results. Deal & Investment Signals: Kurita and Membrane Group launched a JV in India for semiconductor water-treatment solutions, while EU/UK merger scrutiny continues to loom over major media deals.
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.
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