Greece still wants billions more, but says it will not accept further austerity


The Greeks are still having their own debt issues:

Greece may need a third bailout but would not accept new austerity measures, the Greek finance minister has said.

Yannis Stournaras said: “If there is need for further support to Greece, it will be in the order of about 10bn euros (£8.6bn; $13.4bn), or much smaller than the previous programmes.”

Greece has already received two bailouts totalling about 240bn euros.

Meanwhile, Angela Merkel has warned about writing down any more Greek debt…

Mr Stournaras told Greek newspaper Proto Thema on Sunday that any further bailout would be smaller than the previous two.

But he also warned that Greece would not accept any more forced spending cuts from its partners…Greece’s troika of lenders – the European Commission, the European Central Bank and the IMF – will review the aid programme in the autumn.

The European Union wants Greece in, but keeps being faced with having to bail Greece out.  (Of course, the USA itself is getting bailed out by the international community now, but the way those bailouts are perceived is less severe than those in Greece.  Yet, the USA is actually setting itself up to be in a worse situation than Greece, cf. Habakkuk 2:6-8).

That being said, for several years, I warned that there may be civil unrest in Europe in general as well as in Greece in particular–and some of this has happened. More severe social unrest and rioting is expected in Greece and many other parts of Europe.

The Bible itself teaches that Europe will have strong and weak parts (Daniel 2:41-43), reorganize (Revelation 17:12-13), and support a particular religion (Revelation 13). Europe already has strong and weak parts and keeps discussing a variety of forms of reorganization.

The USA itself is not immune to to civil unrest, and when it has a series of physical crises hit it and its debt hampers it, massive rioting is likely there as well. Unrest in the USA is discussed in my book Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term.

We are likely to riots in many places. Jesus foretold a time of “troubles” (Mark 13:8) and civil unrest and protests are consistent with that.

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?
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?
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.

Get news like the above sent to you on a daily basis

Your email will not be shared. You may unsubscribe at anytime.