AGP Executive Report
Last update: 5 hours agoEU Cloud & AI Governance: The European Commission’s proposed Cloud and AI Development Act (CADA) would set a four-level assurance framework for “cloud sovereignty,” add new compliance tiers for software providers, and use an “open source first” procurement push—now heading into EU Parliament/Council talks with adoption targeted for late 2027. Liechtenstein-Linked Education & Skills: Liechtenstein Development Fund support is helping modernize Moldovan vocational schools, including lab equipment upgrades and teacher training via Moldova’s state universities, with close private-sector links to jobs. Banking Tech Upgrade: Four Swiss cantonal banks are partnering with Avaloq to modernize mobile banking for about one million clients, rolling out new app features like trading/portfolios, real-time alerts, and Apple/Google Pay. Defense Tech Funding: Greece has signed up to the EU’s Security Action for Europe (SAFE) program, unlocking up to €787.7m in long-term loans for surveillance, secure communications, and counter-drone tech. Travel Tech Impact: Heathrow warns Schengen travelers about extra delays from the Entry/Exit System (EES), which uses biometric checks and may affect boarding times.
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