Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Discusses Global Macro Environment and Economic Outlook for Core Markets Transcript

Good afternoon, and welcome, everyone, to this new edition of BBVA Strategic talks, which today will be focused on BBVA Research views on the global macro environment and the outlook for our core markets.

It's my pleasure to be joined today by Jorge Sicilia, BBVA's Chief Economist, together with Miguel Cardoso, Carlos Serrano and Seda Güler, Chief Economist for BBVA of Spain, Mexico and Turkey.

Here with me in Madrid are Jorge and Miguel and connected from Mexico and Turkey, we have Carlos and Seda as well.

Today, the team will start sharing their views on the latest economic developments and key challenges and opportunities in our core markets.

After the presentations, we will open the line to take your questions in a live Q&A session.

As we are currently in our blackout period, I will kindly request you to limit your questions to macro and financial system-related topics.

Unfortunately, we will not be able today to address any topic related to the bank's performance.

So thank you in advance for your understanding.

In any case, I hope you will find this session useful and I strongly encourage you to participate and make the most of it given the expertise and on-the-ground knowledge of BBVA economic team