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Carlos Torres Vila, CEO of BBVA, today said the advances in the Group’s transformation “allow us to have a very clear vision of what we are building and has created a momentum that today is unstoppable and which translates into execution and results.” During his speech at the opening of the seminar organized by APIE (The Association of Economic Journalists) and the UIMO (Menéndez Pelayo International University), this year entitled “ The Fourth Revolution: How does the digital agenda affect the economy and industry?”  The CEO also stressed that “at BBVA, we have a project, a great opportunity, and everything we do, or don´t do, has to be analyzed in light of the transformation.”

The price of goods and services in Spain was eight points below the European Union (EU) average in 2016, according to Eurostat. Spain is the country with the cheapest clothing in the eurozone and has the fifth lowest prices in alcohol and tobacco.

BBVA CEO Carlos Torres Vila saw the BBVA Microfinance Foundation’s (FMBBVA) work in Peru first-hand through Financiera Confianza. To do so, he went to one of the most underprivileged  places in Lima, where he visited with several entrepreneurs – all women – who have found an opportunity to improve their quality of live and contribute to the economic development of their family and community thanks to microcredit.

Thirty large entertainment companies around the world, including Amazon, Disney, BBC and Warner Brothers, have announced a global alliance to combat Internet piracy and protect the creative content market, EFE reports.