King Juan Carlos met with a variety of Spanish business leaders today to discuss ways of improving the economic situation, promoting competitiveness and reducing sky-high unemployment.
Leaders present included executives of Spanish multinational firms Repsol, Inditex, BBVA and Iberdrola, among others. They met at Telefónica offices in Madrid.

© Casa de S.M. el Rey / Borja Fotógrafos
The group, which has been referred to a “think tank” of sorts, was formed last year amid the economic meltdown. The King has urged business leaders to do all they can to promote job creation.