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The U.K.’s divorce with Europe could cost the country up to €20 billion, according to the Financial Times. Their analysis indicates that the shared budget with the European bloc could be one of the biggest political obstacles to reach an agreement on Brexit.

Turkey is the OECD country with the highest percentage of NEETs. In the country led by Recep Tayyip Erdogan, 29.8 % of young people are Not in Education, Employment, or Training (NEET). The latest OECD graph shows that there were 40 million NEETS in 2015, two thirds of whom were not actively looking for a job.

BBVA CEO Carlos Torres Vila explained this morning that BBVA wants “to be more than a bank. It wants to be an engine of opportunities” for its customers. “We are living transformative times in which the arrival of new technologies is creating new opportunities everywhere and BBVA wants to be there to be the best bank for its customers,” he maintained. Carlos Torres Vila participated in the South Summit, one of the most important fintech events in Spain, held in Madrid.