IMF: Europe's economy will be fine soon - Fashion - Style - Trendy

Saturday, May 29, 2010

IMF: Europe's economy will be fine soon


International Monetary Fund (IMF) President Dominique Strauss-Kahn, a description of some European Union countries, the budget measures, is useful steps and the European economy will be fine soon announced.

Peruvian President Alan Garcia, interviewed after the press conference, the IMF's Greece and Spain's economic problems, solving the right steps to their views, saying that Strauss-Kahn "I think everything quickly along the road going to think of good reasons we have," he said. A description of some European Union countries said the budget measures as useful steps that Strauss-Kahn, the European economy recently said he would be okay.

Growth rolling

The global economy is recovering and that growth in many regions of the world came back telling his Strauss-Kahn, however, many said the economy is still not back to normal. "Global growth in the economy rolling," said Strauss-Kahn, while Asian and Latin American's do a very good job, he said. Strauss-Kahn, China's high trade surplus, the higher the U.S. deficit had led to the imbalance by emphasizing, "This kind of imbalance can feed problems. Has not yet returned to normal work, "he said. Strauss-Kahn of the U.S. economy recorded growth of around 3 percent this year, could, a 1.5 percent growth in Europe can be achieved between the library.

The European Commission is still 'measures' wanted

IMF President Dominique Strauss-Kahn's positive description, but the European Commission's economic and purse member Olli Rehn, market shocks experienced remembered by, "But that causes about to speculate than to ensure confidence measures to get better," he said. According to BBC News, Olli Rehn, "If you are in the same boat must move in the same direction," saying, it continued as follows: "In an effort to mimic the different social model should be. I think Europe is Europe's social model should form the basis for social and economic development. 2 century European models to meet the challenges of conservation needs to be modernized. If you are unable to reform the European economy, then the debt burden of nedeniyel prosperous society can not afford it. "

We will take steps to determine the fate of

Herman van Rompuy European Council President, "then we will take steps to determine the fate of economic and monetary union," he said. BBC World Service, an EU official who answered the question the decision-making in Europe concerning economic policy and the possible ones will be to blend together the art, he said. European leaders, Greece, Spain and Portugal, is a serious problem into a debt burden to tackle together reminding the authorities that continued as follows: "Leaders of the main task, the euro region of instability will create a potential panic prevention focused on him. A package of emergency measures against the European currency is still under great pressure. Concerns the actual impact of the crisis in the European project itself intensifies. Rehn, economic growth is said to strengthen the measures to be taken in order to promote efficiency in the labor market and reduce unemployment there. "

Will not be early elections in Spain

SPAIN government's austerity package of the previous day's parliament passed a vote difference will go to early elections because of the way government spokesman rejected the rumors and said, "Our Prime Minister will continue to remain at the top of the task" he said. Government spokesman Jose Antonio Alonso, deteriorating working conditions in the country calling attention, said the strike could cause. Alonso, labor unions and business reforms needed for a compromise, he said.

Germany will be the problem players

European Policy Centre members Emmanouilidis Janis, "If it continues to print, Germany in European politics to a troubled start to become an actor. Germany can not bring back the old. This game-changing new player in Germany's place as a must own, "he said.

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