Love the dress, especially the see-through sleeves; nice hairstyle. Don't like the jacket at all, sleeves of the jacket shorter than sleeves of the dress, the overall cut is hideous and the fur part looks like a relict from her grandmother. The stockings are ok but not in combination with peep toe shoes (why still wear them in November ???), closed pumps would have looked much better.
Another journalism event where Letizia is left at the table to look at what Felipe has to say. She could well said it herself.