5 things that will mark the day

This Wednesday, the President of the European Commission will deliver her annual State of the European Union address to the European Parliament, while the National Statistics Institute will release the Consumer Price Index (CPI) for August. Meanwhile, the Treasury and Public Debt Management Agency (IGCP) will return to the market for a Treasury Bill auction, and the Government will return to the Social Concertation Session to resume discussions on labor law reform.

Ursula von der Leyen speaks on the state of the European Union

European Commission President Ursula von der Leyen addresses the European Parliament in her first State of the Union address of this term, reviewing the past year, assessing current challenges and Europeans' expectations for Europe, and setting objectives for the future. The State of the Union address is an annual address to the European Parliament, outlining the EU's priorities. The address is followed by a debate with MEPs.

INE shows how inflation evolved in August

This Wednesday, the National Statistics Institute (INE) released the Consumer Price Index (CPI) for August, an indicator used to track inflation trends. Year-on-year inflation accelerated for the fourth consecutive month, reaching 2.6% in July , 0.2 points higher than the previous month. The largest increases in the Consumer Price Index ( CPI ) occurred in restaurant and hotel prices and in food.

IGCP returns to the market

The Treasury and Public Debt Management Agency (IGCP) returns to the market this Wednesday for an auction of Treasury Bills (BT) at 10:30 am, with an overall indicative amount between 1,000 and 1,250 million euros and maturity on June 15, 2035 (about ten years) and April 11, 2042 (about 17 years) .

Government returns to Concertation to negotiate labor law

The government returns to the Social Concertation meeting this Wednesday, after the summer break, to resume discussions on labor law reform. Strong criticism has been voiced by the unions, with the CGTP arguing that the government should withdraw the draft, and the UGT giving a resounding "no" to the already known proposals. Employers, meanwhile, are proposing adjustments, particularly to teleworking and layoffs. Meanwhile, the Socialist Party (PS) is calling for a "major civic upheaval," while Chega is calling for the creation of a joint delegation.

How has the aviation sector evolved?

Eurostat will release data on commercial flights in the European Union (EU) for August of this year. Last year, 6.7 million commercial flights were recorded in the EU, a 5.8% increase compared to 2023 (6.3 million). Despite this increase, the number of flights remained below pre-pandemic levels in 2019 (seven million).