AGP Executive Report
Last update: 12 hours agoGibraltar-Spain Border Reset: Gibraltar removed the land border checks and dismantled the fence after a new EU-UK treaty, letting commuters cross freely for the first time since Brexit. Digital Euro Rollout: The ECB has picked 36 payment service providers for the digital euro pilot, due to start in late 2027 for 12 months. Data Centre Boom in Spain: Ferrovial plans a €1bn Madrid data centre campus (60MW IT load in phase one); Nunsys Cloud opened a €10m Paterna facility (150 racks); and EdgeMode is in talks to sell multiple Spanish sites to Pure Data Centres, while Krolmap targets a 150MW campus in Aragón and Valfortec eyes a €300m, ~60MW project in Elche. Tourism VAT Fight: Mallorca hoteliers oppose an EU push to raise Spain’s reduced tourism VAT from 10% to 21%, warning of higher prices and weaker demand. Property Demand from Italy: Italian buyers snapped up over 2,000 homes in the Canary Islands in 2025, making Italians nearly a quarter of foreign purchases there. Visa Policy Update: Spain added new visa-free entry lists, including nine Caribbean countries, while Jamaica remains excluded. World Cup Business Angle: FIFA’s final hospitality packages are struggling to sell, with pitch-side options priced at $57,500 per person.
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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