AGP Executive Report
Last update: 7 hours agoVolvo in Košice: The Slovak government approved €2.9m for Kosice-region projects, including plans to attract investors to the Valaliky industrial park and to link university research with Volvo Car Slovakia, while Volvo said its first test EVs will roll out around the summer/autumn 2026 window. EV production ramp: Volvo expects about 250,000 fully electric vehicles per year at start, with capacity potentially rising to 500,000, plus major hiring in eastern Slovakia. EU industrial policy: EU industry ministers debated the Industrial Accelerator Act and other steps to boost Single Market autonomy and competitiveness, with permitting speed and “Made in EU” demand among the themes. Carbon permits fight: Bulgaria, Czechia, Greece, Poland, Romania and Slovakia urged the Commission to freeze free ETS permits at 2021–2025 levels, warning energy-intensive industry could face closures or relocation. Consumer rules enforcement: The European Commission opened infringement procedures over delayed transposition of the “Empowering Consumers for the Green Transition” directive. Nuclear shift in Europe: Italy moved to restart nuclear via new legal steps, joining a broader European re-think on nuclear investment timing and scale. Cybersecurity partnerships: NATO formalised non-commercial cyber defence partnerships with Microsoft, Palo Alto Networks and ESET.
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