EFE Economic Day topics for Friday, March 15, 2024

BBVA Board

Bilbao – BBVA is holding an ordinary general meeting of its shareholders, where it plans to approve the 2023 accounts, the dividend policy and the election of Cristina de Barias and Enrique Casanueva as directors.

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Agrarian protests

MADRID – Farmers and ranchers will rally in Castilla-La Mancha and Castilla y León this Friday, as trade unions prepare to protest in Madrid on Sunday and expectations are rising for measures to be scrutinized by the government and the European Commission. Crisis in rural areas.

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Housing prices

MADRID/BARCELONA – The BOE publishes a reference price index where the government intends to reduce rents in Spain's most stressed areas, one of the star measures of the housing law, although its application has only been requested by Catalonia.



Budget 2024

MADRID – Catalonia and Castilla y León are autonomous communities that have had to resort to extending their budgets on more occasions in recent years, which occurs especially during election years and is directly linked to political instability.



UPS Credit Suisse

GENEVA – Twelve months after the financial earthquake that led to UBS's takeover of Credit Suisse, the fallout from the crisis, which threatened the reputation of the entire Swiss banking sector, is still being felt at home and abroad.



Short markets

MADRID – European stock markets ended a week on a positive note, with the German DAX and the French CAC rising to record highs, while the IBEX 35 hit their highest levels since the start of 2018.

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Chile Telecommunications

Villa de los Estrellas (Antarctica) – Chilean telecommunications giant Entel is launching the first 5G connection in Antarctica this Friday, as it seeks to aid and contribute to research on the frozen continent.

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Wall Street Cointhura

New York – The New York stock market ends a week in which rising inflation has returned to the market doubts about the evolution of interest rates, one of the most pressing issues among investors at the moment.


Information agenda

9:00 am- Madrid.- Foreign employment.- The Ministry of Inclusion, Social Security and Migration publishes the attachment data of foreign workers for the last month. (text)

9:00 am- Madrid.- Department of Tourism.- Hotusa Group organizes a breakfast under the theme “Future of Passengers” with Carlos Muñoz, founder and CEO of Volotea, and Javier Gandera, General Director of Easyjet for Southern Europe. Transportation. Challenges and Opportunities”. Eurostars Madrid Tower Hotel.

10:00 am- Madrid.- SPAIN DEBT.- The Bank of Spain publishes the monthly advance of public debt corresponding to January 2024.

10:00 am- Madrid.- Tourism employment.- Turespaña publishes a note on registered members linked to tourism activities for the month of February 2024 (Text)

10:00h.- Madrid.- RATO CASE.- The investigation continues in the Madrid Provincial Court for the origin of the fortune of the former Vice President of the Provincial Court Rodrigo Rato, c/ Santiago de Compostela s/n.

11:30 am- Madrid.- MAPFRE JUNTA.- The insurance company Mapfre holds its annual general meeting of shareholders, in which it plans to update its strategic plan, request approval of the 2023 accounts and distribute the dividend related to 2023. other things. Municipal Congress Palace of Campo de los Unitas. Avda. de la Capital de España s/n. (text)

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12:00h.- Bilbao.- BBVA JUNTA.- BBVA holds a general meeting of shareholders, in which it plans to approve the 2023 accounts, the dividend policy and the election as directors of Cristina de Barias and Enrique Casanueva Palacio Yuscaltuna. Avenida Abandoibarra, 4 (text) (photo) (video)

12:00h.- Madrid.- SENATE HEREU.- The Minister of Industry and Tourism, Jordi Hereu, reports before the Senate's Industry and Tourism Commission on the general lines of his department's policy. (photograph)

1:45pm- Madrid.- Minimum Income.- Elma Saiz, Minister of Inclusion, Social Protection and Migration, addresses the media at the event to participate in the closing of the final seminar of the Key Access Program. (Photo) (Video)

Madrid.- SPAIN DEBT.- The date scheduled by Moody's and S&P for a possible update of Spain's sovereign debt rating.



8:45h.- Paris.- FRANCE INFLATION.- Final inflation data for February published.

Berlin.- Germany strike.- The ver.di union called a security workers' strike that affected five airports the day before: Munich, Dresden, Hannover, Leipzig, Dortmund, Wies and Karlsruhe.


1:00 PM.- Rio de Janeiro.- Brazil Services.- The government reveals the growth of Brazil's services sector in January. (text)

2:15 pm- WASHINGTON.- USA INDUSTRY.- The Federal Reserve releases data on US industrial production.

15:00h.- Brasilia.- Brazil Employment.- The Ministry of Labor publishes the number of formal jobs created in Brazil in January. (Text)

16:00h.- Bogotá.- COLOMBIA INDUSTRY.- The National Administration Department of Statistics (DANE) reveals the result of Colombia's industrial production in January. (text)

Lima.- PERU PRODUCTION.- The National Institute of Statistics and Information (INEI) will publish the national production data for February this Friday. (Text)

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Lima.- Peru Employment.- The National Institute of Information and Statistics (INEI) publishes this Friday a report on the situation of the labor market in Metropolitan Lima.



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