AGP Executive Report
Last update: 8 hours agoCeuta-Migration Fallout: Spain will impose temporary border checks on flights and ships from Italy from midnight Saturday until Sept. 7, after Rome kept controls on arrivals from Spain following the Ceuta surge; Madrid also threatens reciprocal entry checks unless Italy lifts them by Sunday. EU Policy & Compliance: The EU AI Act starts general application Aug. 2, 2026, with new transparency duties for users and content labelling, while some high-risk obligations are delayed to 2027-28. Markets & Corporate Moves: Nextil asks the CNMV to verify and list nearly 31.9m new shares from bond conversions; Sitma launches FlatPack, a paper-based automated wrapping system aimed at cutting plastic in furniture production. Public Safety & Crime: Spain and Europol dismantled a Western Mediterranean smuggling network with 78 arrests and seizures including 18 high-speed boats, alleging 2,000+ migrants moved and €24m+ profits. Climate & Insurance: Insurers warn of a widening “protection gap” as heatwaves and wildfires drive costs beyond coverage, with Spain and southern Europe hit hard.
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