AGP Executive Report
Last update: 10 hours agoRecovery-Plan Push in Bulgaria: Deputy PM Alexander Poulev pledged to “save” EUR 3bn in three months under the National Recovery and Resilience Plan, pointing to 33 energy-efficiency/building-insulation contracts and nearly EUR 300m in newly approved Stara Zagora projects, plus a push to speed stalled procedures. Tourism Capex in Crete: A new €50m+ five-star hotel in Georgioupoli and a second high-end resort in Triopetra signal a shift toward bigger, higher-quality stays—though the sector’s worker shortage remains the bottleneck. Fertiliser Mega-Project in Ethiopia: Aliko Dangote’s fertiliser plant investment rises to $4bn as construction advances in Gode, with added pipeline, power, and NPK blending scope. Crypto Flows & Lawsuits: XRP ETF inflows jumped (spot ETFs logged $60.5m weekly), while Zcash traders debate a bullish setup amid weaker spot demand; meanwhile, fresh U.S. class-action probes keep hitting public companies (Phreesia, Marzetti, Green Dot, and others). India Macro Pressure: Foreign investors kept exiting Indian equities, withdrawing ~Rs 27,048 crore in May so far, adding to rupee weakness fears.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.