AGP Executive Report
Last update: 11 hours agoRegional Security: The EU condemned the Houthi attack on Riyadh airport, which killed at least 12 people, and called for closer maritime coordination in the Red Sea. Ukraine and Russia: EU foreign policy chief Kaja Kallas rejected Washington’s move to ease Russian fuel sanctions, saying the bloc would maintain pressure on Moscow. European intelligence agencies also warn that Kremlin-linked operatives are targeting defence executives; Brussels is preparing tougher Russian visa rules for January. Trade and Industry: The EU and China reached an understanding that could cut Chinese hybrid-car exports to Europe by more than half over four years, while easing rare-earth export licensing. EU Budget: Ireland’s proposal to cut the bloc’s next budget by €141 billion has drawn strong opposition from Parliament, with lawmakers warning it would weaken defence, competitiveness and regional support. France and Germany remain divided over spending. Energy: EU gas storage is at its lowest level for this time of year since 2011, and a new report says the bloc may need to cut winter gas demand by 7% to avoid shortages.
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