The Secretary General of the Organization for Economic Cooperation and Development (OECD), Ángel Gurría, devoted his inaugural speech as Mexico Corresponding Academician to the Real Academia de Ciencias Económicas y Financieras of Spain (RACEF) to make a deep reflection on the competitiveness of the European economy and its impact on a socially balanced development. The ceremony will take place on November 22 at 20.00 h. in the auditorium of Fomento del Trabajo Nacional (Via Laietana, 32, principal. Barcelona), live streaming in RACEFtv (www.racef.es). Will respond on behalf of RACEF their Full Academician Francesc Granell.