Monday,  June 11, 2012 • Vol. 12--No. 333 • 36 of 38 •  Other Editions

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dries up, depriving economies of the fuel they need to grow. A financial crunch can wreck the economies on both sides of the ocean as it did in 2008.
• "Anything that calms European markets is good for the United States," says Tufts' Drezner.
• The Spanish deal also gives European policymakers more time to strengthen the euro. They are already planning to create a "banking union" with a centralized regulator, a bailout fund and deposit insurance that covers savers across Europe.
• Europe still needs to find a way to stimulate economic growth across the continent so that European countries can begin to grow their way out of their debt problems.
• Despite the bank deal, Spain's grinding economic misery will get worse this year, Prime Minister Mariano Rajoy said Sunday. The conservative prime minister said the economy will shrink by 1.7 percent this year and more Spaniards will lose their jobs, even with the help.
• "This year is going to be a bad one," Rajoy said.

'Madagascar 3,' 'Prometheus' team for big weekend
DAVID GERMAIN,AP Movie Writer

• LOS ANGELES (AP) -- Circus animals and space beasts have lifted Hollywood to a huge weekend.
• The cuddly critters of "Madagascar 3: Europe's Most Wanted" led the weekend with a $60.4 million debut domestically, followed by a big opening for Ridley Scott's alien saga "Prometheus" at No. 2 with $50 million, according to studio estimates Sunday.
• DreamWorks Animation's "Madagascar 3" was the family favorite for the weekend, reuniting voice stars Ben Stiller, Chris Rock, Jada Pinkett Smith and David Schwimmer as the zoo animals continue their travels by joining a circus.
• "Madagascar 3" outdid the $47.2 million debut of the 2005 original, though it came in behind the $63.1 million opening of the first sequel, 2008's "Madagascar: Escape 2 Africa." ''Europe's Most Wanted" had the added benefit of today's higher ticket prices and a bump from fans who caught 3-D shows, which cost a few dollars more than 2-D screenings.
• Still, fans remain loyal to the franchise, and "Madagascar 3" received generally

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