9 EU Nations Pushing for Financial Transaction Tax
Crown of the “Austro-Hungarian Empire” & the “Holy Roman Empire”
Some of the nations of the EU seem determined to push for at least a limited scope financial tax to raise money for the EU:
Nine EU countries form splinter group on financial tax
8 February 2012
BRUSSELS – A group of nine euro-countries led by France and Germany on Tuesday (7 February) asked the Danish EU presidency to fast-track plans for a financial transactions tax – a move indicating they will forge ahead on their own in the absence of an EU-wide consensus.
“We strongly believe in the need for a financial transactions tax implemented at European level as a crucial instrument to secure a fair contribution from the financial sector to the costs of the financial crisis and to better regulate European financial markets,” the letter says.
The nine signatories are the finance ministers of France, Germany, Austria, Belgium, Finland, Greece, Spain, Portugal and the Prime Minister of Italy, Mario Monti, who also holds the finance portfolio…For its part, the EU Commission estimates that over €50 billion could be raised within the bloc if such a tax was introduced. http://euobserver.com/19/115164
So, nine nations want to raise an additional €50 billion to help finance the EU, while others disagree–yet the proposal is likely to move forward at least in some way.
The idea that part or all of Europe may not be fully unified is consistent with Bible prophecy as Daniel recorded:
42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay. 44 And in the days of these kings the God of heaven will set up a kingdom which shall never be destroyed; and the kingdom shall not be left to other people; it shall break in pieces and consume all these kingdoms, and it shall stand forever. (Daniel 2:42-44)
Yet, the part of the Bible that I wish to focus on now is Daniel 11:20. Let’s look at a few differing translations:
English Standard Version (©2001)
“Then shall arise in his place one who shall send an exactor of tribute for the glory of the kingdom. But within a few days he shall be broken, neither in anger nor in battle.World English Bible
Then shall stand up in his place one who shall cause a tax collector to pass through the kingdom to maintain its glory; but within few days he shall be destroyed, neither in anger, nor in battle.King James Bible (Cambridge Ed.)
Then shall stand up in his estate a raiser of taxes in the glory of the kingdom: but within few days he shall be destroyed, neither in anger, nor in battle.
The above verse seems to convey the idea that taxes will be raised for the glory of the northern kingdom (Europe in the end). And if an EU-wide tax (or perhaps even a near-EU wide tax) is implemented and EU President Herman von Rompuy dies shortly after it is implemented, it may be that he is the “exactor of tribute/raiser of taxes” that Daniel 11:20 is referring to. Of course, it could be someone else, and this may not be the type of tax this verse applies to.
And while the current 9 nation proposal is new, it is somewhat consistent with one partially proposed by EU President Herman von Rompuy in 2011 (see Van Rompuy’s Tax Plan May Get Approved). And President von Rompuy is one that I have wondered about for several years who might fulfill Daniel 11:20 (see Herman Van Rompuy Takes Office Today: Might He Fulfill Daniel 11:20?), presuming that it has an end time application–and I suspect that it does.
The Bible shows that Europe will reorganize into ten kingdoms and get an autocratic leader (Revelation 17:12-13). It may have to have taxes raised before this happens. 2012 may well prove to be an interesting year, prophetically.
Some articles of possibly related interest may include:
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Could He Become “the Beast”? What makes the German Defense Minister a candidate?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe?
End of Mayan Calendar 2012–Might 2012 Mean Something? Are there Mayan calendar predictions for change in 2012? Changes were centuries ago predicted by the Hopi Native Americans. Do Mayan/Hindu/Hopi/Buddhist/New Age/Nostradamus prophecies have any value here? Why might Satan have inspired this date? Does the Dresden codex show destruction of the earth by flood? Can the great tribulation start before 2012? How might Barack Obama be involved in 2012?
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