AGP Executive Report
Last update: 7 hours agoLiechtenstein–Cyprus Friendly: Liechtenstein hosts Cyprus at Rheinpark Stadion in Vaduz on Sunday (June 7, 9 a.m. ET), with both sides missing out on the 2026 World Cup; Liechtenstein are coming off a rough run of home results and a 2-0 loss to Andorra, while Cyprus aim to build momentum. Schengen Border Pressure: Switzerland’s new Entry/Exit System (EES) is adding delays at airports for travelers from outside the EU/EEA, with officials citing security benefits as queues and refusals rise. EU Visa Rules for Russians: Eleven EU countries are pushing the European Commission for tighter visa issuance for Russian citizens, arguing current rules let Russians keep visiting despite the war in Ukraine. Global Ukrainian Summit in Bern: A major summit in Switzerland focused on the role of civil society in Ukraine’s defense and long-term reconstruction, with Swiss officials participating. Trade Policy Shockwaves (US tariffs): New US Section 232 tariff adjustments on metals derivatives take effect June 8, reshaping costs for importers and downstream supply chains. Swiss Banking Costs: A new EY study flags rising operating costs as the biggest strain on Swiss and Liechtenstein banks’ income, driven by modernization pressure.
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