{"id":28732,"date":"2015-01-31T08:10:17","date_gmt":"2015-01-31T16:10:17","guid":{"rendered":"http:\/\/www.cogwriter.com\/news\/?p=28732"},"modified":"2015-01-31T07:57:54","modified_gmt":"2015-01-31T15:57:54","slug":"merkel-says-no-debt-forgiveness-for-greece-what-will-happen","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/merkel-says-no-debt-forgiveness-for-greece-what-will-happen\/","title":{"rendered":"Merkel says no debt forgiveness for Greece: What will happen?"},"content":{"rendered":"

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\nGermany’s Angela Merkel <\/em><\/p>\n

COGwriter<\/a><\/p>\n

Germany’s Chancellor Merkel does not want to forgive Greek debt:<\/p>\n

January 31, 2015<\/p>\n

Merkel told the German daily Hamburger Abendblatt’s Saturday edition that banks and creditors had already forgiven a considerable amount of Greece’s debt and that she rejected any further concessions.<\/p>\n

“There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt,” Merkel told the paper, adding: “I do not envisage fresh debt cancellation.”<\/p>\n

But she told the paper that she still wanted Greece to remain part of the eurozone.<\/p>\n

“Europe will continue to show its solidarity with Greece, as with other countries hard hit by the crisis, if these countries carry out reforms and cost-saving measures,” she said.<\/p>\n

Her comments were echoed by German Finance Minister Wolfgang Sch\u00e4uble, who told the Saturday edition of the Welt newspaper that he saw no need to talk of any debt reduction, as “anyone informed about the financing of Greek debt knew that by 2020 there would be no problems.”<\/p>\n

‘No cooperation with troika’<\/strong><\/p>\n

The new Greek government, led by the left-wing Syriza party, has said it wants to negotiate to halve the country’s debt, which still amounts to more than 315 billion euros ($355.48 billion) despite a debt restructuring at the start of 2012 that cut the burden by some 100 billion euros.<\/p>\n

At more than 175 percent of gross domestic product (GDP), the sum is a record for the European Union.<\/p>\n

The government has also pledged to roll back austerity measures imposed by the European Union and the International Monetary Fund in exchange for a 240-billion-euro ($269-billion) bailout granted to avoid a financial meltdown in 2010. \u00a0http:\/\/www.dw.de\/merkel-rejects-debt-relief-for-greece\/a-18227395<\/a><\/p><\/blockquote>\n

The German Chancellor and Finance Minister had little choice but to come out in favor of keeping arrangements they helped create.\u00a0 And actually, US President Barack Obama encouraged them to do so.<\/p>\n

So what is next?<\/p>\n

The economic and political reality is that Greece is not is a position to pay the debt back as agreed.\u00a0 Germany is likely to have to either renegotiate or at least accept delays in payment from Greece.\u00a0 It may also have to ‘forgive’ some amount of debt.<\/p>\n

Germany considers its economy strong and the Greeks’ weak.<\/p>\n

The Bible tells of a rise of a European power composed of strong and weak parts that do not get along particularly well:<\/p>\n

41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 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. (Daniel 2:41-43)<\/p><\/blockquote>\n

The rising European Union certain is a mixture like that and some nations do not adhere well with other ones within it.<\/p>\n

For reasons of history and geography, Greece is wanted by the European Union.\u00a0 Greece is a nation that would be expected to be part of the final European Beast power<\/a>, hence, although there will likely be problems with Greece, it would seem to have to align with Europe.<\/p>\n

Today, a reader sent me a link to the following related to Europe from a Greek writer, Yanis Varoufakis, who within the last week, became Finance Minister for Greece:<\/p>\n

November 13, 2013<\/p>\n

EU officials regularly defend their position in a manner that is simultaneously Jesuit, Orthodox, Catholic and Calvinist:<\/p>\n

1.<\/strong> It is Jesuit<\/strong> in the sense that bureaucrats, like Mr Olli Rehn, habitually prove every proposition and its contrary depending on how events pan out.<\/p>\n

2.<\/strong> It is Orthodox<\/strong> in that economic analyses are accepted only to the extent that they suit the purposes of prophecy.<\/p>\n

3.<\/strong> It is Catholic<\/strong> because of a presumption that debt must condemn whole nations to some institutional purgatory in which collective suffering will deliver them from the sin of debt.<\/p>\n

4.<\/strong> And it is Calvinist<\/strong> in the sense of excluding more and more Europeans from the circle of the select, until those left inside it would achieve salvation through faith in the impossible idea of recovering via universal austerity. …<\/p>\n

To succeed will take all the powers of Europe\u2019s collected democratic forces<\/strong>. The outcome will define Europe\u2019s future. And the odds of success for the forces of democracy are long indeed. http:\/\/www.theglobalist.com\/europe-technocrats-vs-democrats\/<\/a><\/p><\/blockquote>\n

The final European Beast power is expected to be ruled by a changed form of Roman Catholicism<\/a> which will be bureaucratic (cf. Revelation 13:16-17) and will incorporate Eastern Orthodox<\/a> and Protestant<\/a> (and possibly Calvinistic<\/a>) beliefs into it doctrines.\u00a0 This is essentially discussed in biblical (Revelation 13:4-8; 17:1-9,18), Eastern Orthodox, and Roman Catholic prophecies (see Why Should American Catholics Fear Unity with the Orthodox?<\/a>).<\/p>\n

Notice that in his article,\u00a0Yanis Varoufakis concludes with the belief that democracy is the answer to deal with the technocrats in Brussels.<\/p>\n

The reality is that the Bible shows that there will be several reorganizations in Europe, and that they will lead to a dictatorship:<\/p>\n

12 “The ten horns which you saw are ten kings who have received no kingdom as yet, but they receive authority for one hour as kings with the beast. 13 These are of one mind, and they will give their power and authority to the beast. (Revelation 17:12-13)<\/p><\/blockquote>\n

Greece is known as ‘the cradle of democracy.’\u00a0 Europe pays a certain lip-service to the idea of democracy.\u00a0 But the biblical reality is that a dictatorship will ultimately rule Europe.\u00a0 A dictatorship that will include being over Greece.<\/p>\n

Some items of possibly related interest may include:<\/em><\/p>\n

Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations?<\/a> Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation<\/a>.
\nGermany’s Assyrian Roots Throughout History<\/a> Are the Germanic peoples descended from Asshur of the Bible? Have there been real Christians in Germanic history? What about the “Holy Roman Empire”? There is also a You-Tube video sermon on this titled Germany’s Biblical Origins<\/a>.
\nGermany in Biblical and Catholic Prophecy<\/a> Does Assyria in the Bible equate to an end time power inhabiting the area of the old Roman Empire? What does prophecy say Germany will do and what does it say will happen to most of the German people?
\nEuropa, the Beast, and Revelation<\/a> 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? Here is a link to a video titled: Can You Prove that the Beast to Come is European?<\/a>
\nEuropean Technology and the Beast of Revelation<\/a> Will the coming European Beast power would use and develop technology that will result in the taking over of the USA and its Anglo-Saxon allies? Is this possible? What does the Bible teach? Here is a related YouTube video: Military Technology and the Beast of Revelation<\/a>.
\nWho is the King of the North?<\/a> Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch 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? In the Spanish language check out \u00bfQui\u00e9n es el Rey del Norte?<\/a> Here is a link to a video titled: The Future King of the North<\/a>.
\nMight German Baron Karl-Theodor zu Guttenberg become the King of the North?<\/a> Could He Become \u201cthe Beast\u201d? What makes the German Defense Minister a candidate?
\n<\/a>Anglo – America in Prophecy & the Lost Tribes of Israel<\/a> Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-Am\u00e9rica & las Tribus Perdidas de Israel<\/a>. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter?<\/a> and British are the Covenant People<\/a>. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse<\/a>.
\nWill the Anglo-Saxon Nations be Divided and Have People Taken as Slaves?<\/a> Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? <\/a> Here is a related item in the Spanish language \u00bfSer\u00e1n divididas las naciones anglosajonas?<\/a>
\nBritish are the Covenant People <\/a> What do \u2018British\u2019 and \u2018Britain\u2019 mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
\nThe ‘Lost Tribe’ of Reuben: France in Prophecy?<\/a> What is the origin of this in France? What is prophesied to happen to them? A two-part sermon related to history and prophecy is available online: The ‘Lost Tribe’ of Reuben<\/a> and France and Prophecy<\/a>.
\nTen clues tying Belgium and Luxembourg with the tribe of Asher<\/a> Who did some in Belgium and Luxembourg descend from?
\nTen clues tying Zebulun with the Dutch<\/a> Who did some in the Netherlands descend from?
\nHope of Salvation: How the Continuing<\/em> Church of God differ from most Protestants<\/a> How the real <\/em>Church of God differs from mainstream\/traditional Protestants, is perhaps the question I am asked most by those without a Church of God background. As far as some changes affecting Protestantism, watch the video Charismatic Kenneth Copeland and Anglican Tony Palmer: Protestants Beware! <\/a> [Portugu\u00eas: Esperan\u00e7a do salva\u00e7\u00e3o: Como a igreja do deus difere da maioria de protestantes<\/a>]
\nBeware: Protestants Going Towards Ecumenical Destruction!<\/a> What is going on in the Protestant world? Are Protestants turning back to their ‘mother church’ in Rome? Does the Bible warn about this? What are Catholic plans and prophecies related to this? Is Protestantism doomed? See also World Council of Churches Peace Plan<\/a>.
\nWhich Is Faithful: The Roman Catholic Church or the Continuing<\/em> Church of God?<\/a> Do you know that both groups shared a lot of the earliest teachings? Do you know which church changed? Do you know which group is most faithful to the teachings of the apostolic church? Which group best represents true Christianity? This documented article answers those questions. [Portugu\u00eas: Qual \u00e9 fiel: A igreja cat\u00f3lica romana ou a igreja do deus?<\/a>]
\nWhy Should American Catholics Fear Unity with the Orthodox?<\/a> Are the current ecumenical meetings a good thing or will they result in disaster? Is doctrinal compromise good? Here is a link to a related video Should you be concerned about the ecumenical movement? <\/a>
\nWill the Interfaith Movement Lead to Peace or Sudden Destruction?<\/a> Is the interfaith movement going to lead to lasting peace or is it warned against? A video of related interest could be Do You Know That Babylon is Forming?<\/a>
\nSome Similarities and Differences Between the Eastern Orthodox Church and the Continuing<\/em> Church of God<\/a> Both groups claim to be the original church, but both groups have differing ways to claim it. Both groups have some amazing similarities and some major differences. Do you know what they are?
\nOrthodox Must Reject Unity with the Roman Catholics<\/a> Unity between these groups will put them in position to be part of the final end time Babylon that the Bible warns against as well as require improper compromise.
\nProphecies of Barack Obama?<\/a> Reasons why Barack Obama is apocalyptic and reasons why Barack Obama is not the Antichrist. This article includes many biblical and non-biblical prophecies, from around the world, that seem to discuss Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist?\u00a0 Might Barack Obama set the stage for the kings of the North and South as at least one Shiite prophecy suggests?\u00a0 Read it and decide for yourself if President Obama seems to be fulfilling various prophecies. Watch also the YouTube Barack Obama and the State of the Apocalypse<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Germany’s Angela Merkel COGwriter Germany’s Chancellor Merkel does not want to forgive Greek debt: January 31, 2015 Merkel told the German daily Hamburger Abendblatt’s Saturday edition that banks and creditors had already forgiven a considerable amount of Greece’s debt and that she rejected any further concessions. “There has already been voluntary debt forgiveness by private […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28732","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/28732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/comments?post=28732"}],"version-history":[{"count":5,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/28732\/revisions"}],"predecessor-version":[{"id":28736,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/28732\/revisions\/28736"}],"wp:attachment":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/media?parent=28732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/categories?post=28732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/tags?post=28732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}