Indebted states must be made ‘wards’ of the commission or leave euro

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Indebted states must be made ‘wards’ of the commission or leave euro

Prophecy Sign:  The rise of the revived Roman Empire, (the final empire of bible prophecy)

Yet more evidence of the coming together of the revived Roman Empire, the last and final empire that will spread its power and influence across the world.

We have for some time believed that the present European Union would one day morph into a much more consolidated entity with each member state giving up much of their sovereignty in areas such as economics and finance.

Well hold onto your horses. Just read the highlighted and underlined sections of text below from the attached news articles. European leaders are now suggesting that when member states of this new powerful entity are financially insolvent, (indebted up to their eyeballs, those member states should be forced to hand over the reigns of government in the areas of budgeting and finance to the EU. Refusal to do so would mean automatic expulsion from the EU bloc, (pretty much consigning such a state to fend for itself in the dog eat dog global economy).

The final world empire that both Daniel and the Apostle John foresaw is nearly upon us. With the additional powers given both to this proposed EU superstate and to her presidency, the door is being left wide open for the grand entrance of the future Antichrist. We pray that the Bride of Christ, (the Church), is fellowshipping together in a much better place when this grand entrance is made.

From the articles:
The Dutch government has proposed that highly indebted states be put into “guardianship”, with spending decisions seized from the elected government and placed under the direct control of a European commissioner. If a state is unwilling to surrender its sovereignty in this way, then it would be forced to exit the euro.
Under the proposals, seen by EU observer, a special European commissioner would be appointed to oversee the budgets of euro-area countries. If a country repeatedly overspends in breach of EU stability pact rules, this commission overseer would be able to intervene directly in the running of the country, in a similar way to how a court intervenes in the running of a bankrupt firm put into receivership, according to officials familiar with the intention of the Dutch government.
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Anger at Greece's failure to meet fiscal targets that are a condition for its international bailout is nearing breaking point in Berlin and other European capitals, with senior politicians now talking openly about the possibility of Athens exiting the euro zone. German Finance Minister Wolfgang Schaeuble has ramped up his rhetoric since "troika" inspectors from the European Union, International Monetary Fund and European Central Bank suspended talks on payment of a new aid tranche to Greece last week due to backsliding on its deficit targets. And the Dutch prime minister said in a proposal published on Wednesday that fiscal violators who refused to give up sovereignty over their budgets to a new European "discipline" czar should leave the bloc.
Netherlands: Indebted states must be made ‘wards’ of the commission or leave euro

Greek backsliding sparks euro exit talk

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