UCG, LCG, EU, and Greece’s Future

European Central Bank, Frankfurt (Eric Chan)


The situation in Greece is getting more European attention:

Ex-ECB head unveils bold plan to save the euro
Reuters – May 18, 2012
Europe could strengthen its monetary union by giving European politicians the power to declare a sovereign state bankrupt and take over its fiscal policy, the former head of the European Central Bank said on Thursday in unveiling a bold proposal to salvage the euro. http://uk.reuters.com/article/2012/05/18/uk-eurozone-trichet-idUKBRE84H04320120518?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FUKBusinessNews+%28News+%2F+UK+%2F+Business+News%29&utm_content=Googl

 May 18, 2012, 2:48 p.m. EDT

Greece says Merkel asked for euro referendum

Group of Eight to focus on managing euro crisis, Obama says

By Polya Lesova, MarketWatch

NEW YORK (MarketWatch) — Germany’s chancellor reportedly proposed on Friday that Greece hold a referendum on its membership in the euro currency area, increasing pressure on the nation just as Group of Eight leaders are set to discuss the region’s debt crisis this weekend.

In a phone call with the Greek president on Friday, German leader Angela Merkel suggested that Greece could have a referendum on the euro when it holds national elections in June, according to media reports, citing a Greek government spokesman.  Whether she actually did make the proposal is in doubt — her spokesman denied it, but the Greek official then reiterated that Merkel made such a request.  http://www.marketwatch.com/story/greece-says-merkel-asked-for-euro-referendum-2012-05-18?link=MW_latest_news

On a related note, in today’s TW News & Prophecy, the Living Church of God reported:

Meltdown of Eurozone?

The mounting debt crisis in Greece is again prompting talk that Greece will or should depart from the Eurozone! Respected columnist Roger Bootle writes in London’s Telegraph newspaper that Greece’s departure from the Eurozone and its return to the drachma may be the only way for Greece to recover from its insurmountable debt. Returning to the drachma will allow it to print enough money to continue functioning. European and U.S. banks have been anticipating a Greek return to the drachma since 2009, and could make the switch relatively easily (Reuters, May 11, 2012). Bootle speculates that “this time,” the EU may indeed “let Greece go.”

The real problem could be to hold the EU together after such a departure–especially if Greece then begins a recovery (The Telegraph, May 13, 2012). The German finance minister has stated the eurozone can withstand Greece’s departure (EUObserver.com, May 11, 2012). But many fear that if Greece goes, the contagion could spread around Europe (Spain could be next)–leading to the return of a number of national currencies.

Although European instability will likely remain for a time, Bible prophecy indicates that order will ultimately come at least to part of Europe–the part that will be led by a strong Beast power and overseen by the Catholic Church (see Revelation 13 and 17)! Just before the return of Jesus Christ to this earth, a group of 10 kingdoms or nations will arise in Europe that will “give their power and authority” to the Beast for a short time (Revelation 17:13). Out of the present chaos in Europe will come a powerful, ordered group, at least for a time.

For more information on this vital topic, see our booklet The Beast of Revelation.

There certainly there are problems with the European confederation, yet the Bible predicted them (cf. Daniel 2:41-43).

I happened to watch a brief video of UCG’s take on this yesterday:

The Long View of the Greek/Euro Crisis
The Greek debt crisis is threatening to reshape the EU. Keep in mind what Bible prophecy tells us.

Basically the presenter (looked like Darris McNeely in glasses) said that despite what the situation looks like with Greece, that eventually Greece will support the coming European Beast power.  And that, as I wrote a couple of days ago, is what I also expect.

The Bible shows that despite weakness (Daniel 11:41-43) there will be a reorganization in Europe  (Revelation 17:12-13).

Some articles of possibly related interest may include:

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”?
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? What MUST happen BEFORE the Great Tribulation?
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the German Defense Minister one to watch? What do Catholic, Byzantine, and biblical prophecies suggest?
Resurgent Germany: A Fourth Reich? Who are the German peoples and where did they come from? What is Germany’s role in end time prophecy?
When Will the Great Tribulation Begin? 2012, 2013, or 2014? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000?

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