AGP Executive Report

Sovereign Finance: Liechtenstein has kept its Triple-A credit rating, with S&P citing low debt, deep reserves and budget surpluses, even as growth is expected to stay weak this year. Border & Travel: The EU’s Entry/Exit System (EES) is already hitting travel plans hard, with WTTC warning delays could cost Schengen up to 41 million visitors and $45.4bn in spending, while Switzerland is seeing longer airport waits as the system beds in. Local Sports Spotlight: Liechtenstein signs off from the World Cup cycle with a friendly against Cyprus at Rheinpark Stadion in Vaduz, after a tough run in qualifying and recent results. Regional Diplomacy: The Global Ukrainian Summit in Bern put civil society at the center of Ukraine’s future, drawing more than 300 representatives from 50 countries. World Cup Build-Up: With kickoff just days away, ESPN’s World Cup Power Rankings are already shaping the conversation on contenders and pretenders. Visa Politics: A group of EU countries is pushing for stricter visa rules for Russians, arguing current practice undermines unified Schengen entry standards.

Ukraine Peace Talks Unlikely: A new push for negotiations is gaining noise, but Russia’s rejection and Europe’s lack of leverage leave “peace in Ukraine” looking far off. UK Charity Collapse: Auditory Verbal UK has published its creditor list after shutting down, with hundreds of thousands of pounds owed and 30 jobs lost. World Cup Qualifiers—Europe’s Big Return: Sixteen European nations have booked 2026 FIFA World Cup places, including Belgium, Austria and Switzerland. Liechtenstein Football: Liechtenstein host Cyprus in a friendly, aiming to avoid a third straight defeat after a tough run at home. Swiss Border Delays: Switzerland’s Entry/Exit System is extending airport waits for non-EU travellers, with officials citing security benefits but admitting practical delays. US Tariff Shake-Up: New Section 232 changes adjust metals duties, cutting some rates while adding costs for specific derivatives—an update that could ripple through regional trade. DiscoverEU Passes: 40,912 young people have been selected for free Europe travel under DiscoverEU, with pre-departure training and a strong train focus.

Entry/Exit System Delays: New EES border checks are stretching passport control waits at Swiss airports, with non-EU/UK/US arrivals sometimes facing up to two hours as biometric registration slows processing. Liechtenstein Football: Liechtenstein hosts Cyprus in a friendly at Rheinpark Stadion, Vaduz, with both sides missing the 2026 World Cup and looking to end recent runs on a brighter note. Trade Tariffs Update: The U.S. has cut Section 232 tariffs on selected agricultural equipment, mobile industrial machinery, and HVAC items from 25% to 15% (effective June 8), while adding duties on certain steel racks and aluminum lithographic plates. Swiss-US Investment Push: Swiss firms are pouring $27B into the U.S. after a tariff deal lowered rates from 39% to 15%, with major pharma commitments from Roche and Novartis. Youth Travel: DiscoverEU has selected 40,912 young people for free Europe travel, with pre-departure training and a strong preference for rail. Ukrainian Civil Society Summit: A Global Ukrainian Summit in Bern focused on the role of civil society in defence and long-term reconstruction.

Entry/Exit System Delays: Switzerland is seeing longer airport waits as the EU’s Entry/Exit System (EES) records biometric data for non-EU travellers, with queues reported up to two hours at Geneva and Zurich—an issue Liechtenstein visitors will feel when connecting via Swiss hubs. Liechtenstein Football: Liechtenstein host Cyprus at Rheinpark Stadion in Vaduz for a World Cup-free friendly, with the home side hoping to avoid a third straight defeat after recent struggles at home. Ukrainian Community in Bern: The Global Ukrainian Summit in Switzerland brought together 300+ representatives from 50 countries, focusing on the role of civil society in defence and long-term reconstruction. Space Science in the Region: Nevis launched the Caribbean’s first space life sciences experiment, developed with partners including the University of Zurich and the Centre for Space and Aviation Switzerland and Liechtenstein. Visa Pressure on Russians: EU countries are pushing for stricter Russian visa rules, citing rising numbers of permits despite the war in Ukraine. Charity Ride on the Rhine: Two cyclists plan a Rhine route through Liechtenstein and beyond to raise funds for a baby-loss bereavement suite.

Liechtenstein Football: Liechtenstein hosts Cyprus at Rheinpark Stadion in Vaduz for a friendly on Sunday, June 7, with both sides missing out on the 2026 World Cup and looking to end recent form on a better note. Swiss Travel Rules: New EU Entry/Exit System (EES) checks are pushing some travellers’ passport-control waits at Swiss airports to over an hour, with delays reported at Geneva and Zurich as biometric registration slows processing. Ukrainian Diplomacy in Switzerland: The Global Ukrainian Summit in Bern wrapped up with a focus on civil society’s role in defending Ukraine and supporting long-term reconstruction. EU Visa Pressure: Eleven EU countries are urging stricter visa rules for Russians, citing rising tourist visa issuance and concern about loopholes across Schengen. World Cup Warm-ups: A busy friendly slate continues across Europe and beyond, with multiple match previews and TV/radio listings circulating for Sunday’s games.

Schengen Visa Pressure: Eleven EU countries have urged the European Commission to tighten visa rules for Russian citizens, citing rising applications and more multiple-entry permits amid the war in Ukraine. Border Delays in Switzerland: The new EU Entry/Exit System is already slowing arrivals: travellers from outside the Schengen area can face waits of up to two hours at Swiss airports as biometric checks roll out. EU Roaming Expansion: The EU has approved talks to extend “Roam Like at Home” to the Western Balkans, with negotiations set to start for Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia. Liechtenstein Football: Liechtenstein host Cyprus in a friendly at Rheinpark Stadion, aiming to avoid another defeat after a tough run at home. Sports TV Roundup: A busy Sunday schedule includes major international friendlies and leagues, with multiple match broadcasts listed for viewers.

Border Delays at Swiss Airports: The EU’s Entry/Exit System (EES), in force across Schengen since April 10, is already slowing passport control for travellers arriving from outside the EU/EEA—Switzerland says waits can run up to two hours, with biometric checks for non-EU passports and tens of thousands of refusals logged so far. Liechtenstein Football Preview: Liechtenstein host Cyprus at Rheinpark Stadion in a friendly, with the Blue-Reds looking to avoid a third straight defeat after a tough run at home and a recent 2-0 loss to Andorra. EU Roam Like at Home Expansion Talks: The EU Council has approved talks to extend “Roam Like at Home” to the Western Balkans, with negotiations starting for Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia—aimed at cutting roaming costs across the region. Health & Travel Reminder: Travellers are urged to apply for a GHIC before trips, as missing it can mean paying local costs for state healthcare in Europe. World Cup Warm-ups: Argentina and Honduras meet in Texas, while Brazil take on Egypt in Cleveland—both as key tune-ups ahead of the 2026 tournament.

Sports Spotlight: Liechtenstein host Cyprus in a World Cup 2026 warm-up at Rheinpark Stadion, with the Blue-Reds looking to avoid a third straight defeat after a tough run at home. EU Travel Rules: Switzerland is seeing up to two-hour passport-control waits as the EU Entry/Exit System rolls out, with biometric registration slowing checks for non-Schengen arrivals. Local Football Buzz: Andorra’s recent win over Liechtenstein has added extra edge to the friendly calendar around the region. Health & Industry: CinnaGen becomes the first Iranian pharma firm to win EU approval for an osteoporosis treatment, marking a major regulatory milestone. Trade & Tariffs: The US keeps reshaping Section 232 and Section 301 tariff plans, with new adjustments and litigation steps affecting importers. Tech & Finance: RULEMATCH received Liechtenstein’s MiCA authorization to run a crypto trading platform via its Vaduz entity. Sports Governance: FIS president Johan Eliasch says centralising ski media and commercial rights is delivering financial gains ahead of his re-election.

Border & travel friction: New EU Entry/Exit System checks are slowing non-Schengen arrivals at Swiss airports, with waits reported up to two hours (and longer at peak times), adding extra stress for travelers heading through Geneva and Zurich. EU connectivity for the region: The EU Council has approved talks to extend “Roam Like at Home” to the Western Balkans, with negotiations now starting on sectoral agreements—good news for cross-border phone and data costs across the wider European neighborhood that already includes Liechtenstein. Liechtenstein in sport spotlight: Andorra take on Liechtenstein in an international friendly, with the match listed among Thursday’s games as part of World Cup-era warmups. Crypto regulation in Vaduz: RULEMATCH says it has received MiCA authorization from Liechtenstein’s FMA to run a crypto trading platform via its Vaduz-based entity, enabling onboarding across the EEA. World affairs: The UN General Assembly adopted a resolution on the status of internally displaced persons and refugees from Abkhazia and South Ossetia, urging respect for return rights and property.

EU Border Rules Hit Travel Times: New Entry/Exit System checks are already slowing non-Schengen arrivals in Switzerland, with Geneva and Zurich reporting waits of up to two hours (and longer at peak times). EU Roaming Expansion: The EU Council has approved talks to extend “Roam Like at Home” to the Western Balkans (WB6), aiming to cut roaming charges across the region. Liechtenstein in the Tech Spotlight: RULEMATCH says it has received Liechtenstein FMA MiCA authorization and is onboarding participants via its Vaduz-based entity, with trading plus clearing and settlement. Nuclear Oversight Concern: The UN nuclear watchdog says it has been unable to inspect Iran’s nuclear facilities affected by last June’s war. World Cup Warm-Ups (Andorra vs Liechtenstein): Andorra hosts Liechtenstein in a friendly as both squads fine-tune ahead of the 2026 World Cup. Student Visa Warning (UK): UK student visas will be refused if applicants can’t prove they meet course and living-cost funding rules.

EU Roam Like at Home: The EU Council has approved talks to extend its “Roam Like at Home” mobile roaming area to the Western Balkans (WB6), which already includes Liechtenstein in the current RLH coverage. World Cup warmups: On Thursday, Andorra vs Liechtenstein is among the friendlies, with other major tests including France vs Ivory Coast and Spain vs Iraq as teams fine-tune squads ahead of the 2026 tournament. Crypto regulation in Vaduz: RULEMATCH says it has received MiCA authorization from Liechtenstein’s FMA to run a crypto trading platform via its Vaduz-based entity, with trading starting via an RFQ model. Travel rules hitting Europe: The EU’s new Entry/Exit System is rolling out and causing disruption fears, while non-EU visitors face added friction and costs across the continent. EU security diplomacy: A UN statement by dozens of countries, including Liechtenstein, condemned a Russian drone violation of Romanian airspace.

Crypto Regulation in Europe: Liechtenstein’s FMA authorized RULEMATCH to run a MiCA-compliant crypto trading platform via its Vaduz-based entity, with onboarding for EEA participants. Local Business & Jobs: Reichardt SA, based in Liechtenstein, has stepped in to buy Swiss garden icon Stewi after it was pushed toward liquidation. Space & Education: St. Kitts and Nevis launched a Nevis-built space life sciences experiment with partners including Switzerland and Liechtenstein’s CSA, aiming to study how gravity affects human immune cells. EU Travel Rules: The EU Entry/Exit System (EES) is rolling out with biometric checks, and travelers are warned to expect delays; Liechtenstein, Iceland, Norway and Switzerland are not part of the EES. Media Industry: RTL Group completed its €68m acquisition of Sky Deutschland, extending RTL’s reach across Germany, Austria, Switzerland and customers in Luxembourg and Liechtenstein. International Diplomacy: A UN-backed joint statement condemned a Russian drone violation of Romanian airspace, with Liechtenstein among the signatories.

Trade Policy Watch: After the Supreme Court struck down IEEPA tariffs, the Trump administration is rebuilding its tariff wall via expanded Section 301 probes and a 10% import surcharge that expires July 24, with proposed forced-labor remedies expected soon. Crypto Regulation in Europe: Liechtenstein’s FMA authorized RULEMATCH to run a MiCA-compliant crypto trading platform via its Vaduz entity, with trading starting on an RFQ model and post-trade clearing/settlement options. Local Business & Media: RTL Group has completed its €68m acquisition of Sky Deutschland, extending premium sports and entertainment across Germany, Austria, Switzerland, and customers in Luxembourg and Liechtenstein. Travel Rules for Liechtenstein-linked Europe: Non-EU travelers face EU Entry/Exit System (EES) biometric checks, and Brits are also dealing with higher attraction fees and extra passport validity rules. Science & International Links: St. Kitts and Nevis launched a life sciences space experiment with Switzerland and Liechtenstein’s CSA involvement, aiming to study immune cells under microgravity.

EU Border Rules: The EU’s Entry/Exit System (EES) is fully operational and now requires non-EU travellers to submit biometric data at participating borders, with experts warning of delays while countries iron out “wrinkles” — and noting Liechtenstein is among the countries not using EES. Travel Costs: Separately, ETIAS is expected to launch in late 2026 with a €20 fee (with under-18s and over-70s exempt), but a grace period means it may not be compulsory until 2027. Local Business & Media: RTL has completed its €68m acquisition of Sky Deutschland, bringing Sky’s sports and entertainment into RTL’s DACH operations that include Luxembourg and Liechtenstein, and extending Sky’s ATP tennis rights through 2033. International Diplomacy: A UN-backed joint statement condemns a Russian drone violation of Romanian airspace, with Liechtenstein among the signatories. Health & Industry: The EU Commission approved Opdivo plus AVD as a first immunotherapy-based regimen for newly diagnosed advanced classical Hodgkin lymphoma in patients aged 12+.

EU Border Tech: The EU’s Entry/Exit System (EES) is fully operational and is already causing travel headaches, with non-EU passengers told to expect delays and longer queues when leaving Europe as biometric checks ramp up. EU Travel Fees (ETIAS): Separately, ETIAS is still expected later in 2026, with a €20 fee for most visa-exempt travelers and a grace period before it becomes compulsory in 2027. Local Relevance for Liechtenstein: EES and ETIAS both affect Liechtenstein-linked travel routes because Liechtenstein is listed among the participating countries for EES and among the wider EEA/EU travel framework. Diplomacy & Security: 56 countries, including Liechtenstein, condemned a Russian drone breach of Romanian airspace in a UN Security Council joint statement. Media & Sports Business: RTL has completed its Sky Deutschland acquisition, including customer relationships in Luxembourg and Liechtenstein, while Sky Deutschland also extended ATP Tour tennis rights through 2033 across the DACH region. Health & Innovation: The European Commission approved Opdivo plus AVD as a first immunotherapy-based regimen for newly diagnosed advanced classical Hodgkin lymphoma in the EU.

Media & Sports Rights: RTL has completed its €68m acquisition of Sky Deutschland, bringing together RTL and Sky brands across Germany, Austria, Switzerland and customers in Luxembourg, Liechtenstein and South Tyrol, with €250m in expected annual synergies. Tennis Coverage: Sky Deutschland also extended its ATP Tour broadcasting deal through 2033 across the DACH region, keeping major Masters and ATP Finals coverage. Space & STEM: St. Kitts and Nevis launched a life-sciences mission from Sweden, developed with Swiss and Liechtenstein partners, aiming to advance STEM education and research. Trade & Markets: Mercosur–Canada free-trade talks advanced in Toronto, with technical groups covering goods, services, IP and sustainable development. LGBTQ Rights: A new global look at Pride Month highlights how same-sex marriage laws and public support still vary sharply worldwide, including recent progress in Europe. Border Rules for Travelers: Europe’s Entry/Exit System (EES) is causing delays and longer queues; Liechtenstein is among the participating countries.