AGP Executive Report
Last update: 2 hours agoKos Biotechnology Partners: Greece’s first life-sciences-dedicated VC fund, Kos Biotechnology Partners, announced the third closing of its global life sciences fund, reaching $123M (€106M), with backing from HDBI and major institutional investors. Kosovo diplomacy: Foreign Minister Giorgos Gerapetritis told Serbia Greece’s Kosovo stance hasn’t changed, while reaffirming support for EU-led normalization talks and Serbia’s EU path. Banking impact: The ECB’s latest rate hike is expected to add about €147m to Greek banks’ annual interest income by widening the loan-deposit gap as deposit rates lag. EU migration: Cyprus completed its EU Voluntary Solidarity Mechanism participation, relocating 3,039 asylum applicants, and said it will continue under the new Pact on Migration and Asylum. Cyprus-Greece ties on energy: Greece, Cyprus, Israel and the US moved ahead with the Eastern Mediterranean Energy Center at Rice University, aiming to strengthen energy security and LNG cooperation. Local infrastructure (Nicosia): The first phase of the Pedieos River/Kanlıdere corridor park project in Nicosia is finished, adding a 1.2km cycle lane, walkways and green space. Terror case (Cyprus): A Cyprus court ordered the release of a 54-year-old suspect on a €1m bond, citing weaker links to the alleged plot.
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