AGP Executive Report
Last update: 9 hours agoEU Industrial Policy: The European Commission unveiled Chips Act 2.0 alongside a broader “tech sovereignty” package, but analysts say Europe’s path to catching up still runs through Asian suppliers like Samsung and SK hynix. Slovakia in Energy Markets: Slovenia will join the EU’s balancing platforms PICASSO (aFRR) and MARI (mFRR) in July 2026, extending the cross-border balancing push that already includes Slovakia. Slovak Energy Supply: Slovakia’s state energy firm SPP says it expects to cover most 2026 natural gas needs via Russia, citing a Gazprom Export deal adjusted for REPowerEU rules. Construction & Infrastructure: Eurostat reports construction output rose in the eurozone and EU in April, but Slovakia saw a notable monthly drop. EU Budget Fight: EU leaders asked Ireland to propose by October new “own resources” for the 2028–2034 budget after clashes between net payers and beneficiaries. Cybersecurity: Slovak-linked reporting highlights “Gentlemen” ransomware’s modular EDR-killing toolkit, showing how quickly new exploits can be operationalized. Local Industry/Jobs: Evonik plans further restructuring, cutting about 3,200 jobs globally by end-2029, and will discontinue its polyester business in 2027. Diplomacy for Industry: PM Robert Fico said he wants tighter Slovakia–Ukraine dialogue, including another possible meeting with Zelensky around Ukraine’s recovery plans.
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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