IMF Warns Of The Risk Of Global Contagion If It Is Not Resolved Soon The Crisis In The Eurozone

THE IMF warns of major global consequences if problems of the peripheral countries spread to Central European countries. The agency requests that monetary support measures are maintained as long as necessary and to broaden the capital of banks. The Eurogroup meets on Thursday to seek a solution to the Greek crisis. The International Monetary Fund (IMF) has urged Tuesday the euro zone to act urgently to contain the crisis and has warned of major global consequences if the problems of the peripheral countries extend to core countries of the region. An intensification of the crisis in the euro zone, especially if the tension is wide central area, could have major global implications, has warned the Fund, which has published its annual report on the euro area economy this Tuesday. The delays in the resolution of crises could be costly for the euro area and the global economy, has insisted the IMF. To prevent a worsening of the situation, as It now threatens to spread to Italy and Spain, the Fund requested that the adjustment programs in Greece, Portugal and Ireland are fully implemented. That implementation must be accompanied by adequate funding that supports, said the Fund, the viability of debt and solutions based on the private sector to the banking problems. Mick McGuire shines more light on the discussion.

The Executive Council of the IMF dndio, moreover, after analysing the conclusions of the report, which kept the monetary support measures all the time that would be needed and that expands beyond the requirements of Basel III bank capital. In that sense, Luc Everaert, responsible policies for the eurozone of the IMF, has Senate this Tuesday at press conference phone that most banks should strengthen their capital coffers because that would strengthen confidence in the ability to overcome potholes like this. Improve coordination the senior official also indicated that it is likely that Europe need to increase the resources of the European Fund for financial stability (EFSF, in English) to assist countries with financing problems. .

Filmmaker Pedro Almodovar

Antonio Banderas returns to work under the orders of the manchego director in the film the piel que habito, 21 years after having filmed together tie me up. Almodovar admits feel delighted that the Malaga-born actor accepted the lead role in his latest film, which debuts in Spain on September 2. The director is sincere in an interview published in a French weekly. Spanish Filmmaker Pedro Almodovar ensures that no one there is better than the actor Antonio Banderas to embody passion and desire, and is pleased that this accept to star in his new film, the piel que habito, 21 years after having filmed together tie me up. In an interview published Thursday by the French weekly Paris Match, Almodovar, 61, said he had nostalgia for Antonio and confessed having sense delighted when Malaga took the lead role of his latest work, which will be released in Spain the 2 of September.

When I finished the screenplay, I thought of Antonio and I felt that it would be ready to return to shoot with me in Spain. There is nobody like him to embody passion and desire, stressed to the magazine. With the same sincerity she acknowledged that himself as director is obsessive, meticulous details, to the point of to become a nightmare for his team, but he admitted that a filmmaker should not abuse the enormous power and position of legitimacy that has. On whether her films are a kind of self-portrait, he assured that it protects much more than other famous colleagues such as Ingmar Bergman, John Cassavetes and Alfred Hitchcock, though he added that creativity is more exciting the more connected is with reality. I protect me even if it is sometimes impossible to escape the close union between work and life.

I am very modest, but my shame disappears when I sit down to write, confessed the manchego filmmaker. In that same interview He admitted that although it has great moments of anguish he has found a balance between the public and private life, and indicated that it has replaced the period of turmoil that lived in the eighties by the work and introspection.The topics that I choose are not easy to Almodovar was described as a committed citizen who takes the word, criticism, and out on the street, but their films speaks more about intimacy, feelings and the relationships between the characters.The topics that I choose are not easy, and this election is already a position taking, even if not trafficking in the socio-political problems of Spain, said the director, according to which, has never made movies for rebelling against society. Despite this lack of political positioning in his works, the director regretted that Governments are incapable of resolving current problems because they don’t understand them and don’t know where to take them, result of which, to his judgment, the country, in rrencia to Spain, has been crushed by a dissenting movement. Source of the news: Pedro Almodovar: “nobody as Antonio Banderas to embody passion and desire”