Cyprus deal and Herman Van Rompuy

Herman Van Rompuy

A deal that will hurt Russian and other depositors was agreed to by Cyprus and EU’s President Herman Van Rompuy is backing it:

March 25, 2013

PARIS — Global stock markets pushed higher Monday after Cyprus reached an agreement that allowed it to avoid a collapse of its financial system and a possible exit from the euro.

But reaction from European capitals was mixed. German officials greeted the deal with relief and sought to reassure Cypriots, while Russia’s prime minister decried it as “stealing,” referring to the provisions for a bank tax that would fall largely on Russian depositors.

In Athens, a government spokesman said the deal was “painful” but necessary, while the president criticized the European Union for taking too tough a line with the Cypriot government…

“This effectively ends the risk of Cyprus leaving the euro,” Lee Hardman, a currency analyst in London with Bank of Tokyo-Mitsubishi UFJ, said…

“They keep stealing from the thieves, it seems to me” Prime Minister Dmitri A. Medvedev said, in comments carried by the Interfax news agency that were a paraphrasing of a Russian revolution-era slogan used to describe expropriating the wealth of the rich.

Mr. Medvedev, speaking in a meeting with a deputy prime minister, Igor Shuvalov, said the consequences of imposing losses on depositors should be studied carefully.

The restructuring of the two largest Cypriot banks may well cost Russian depositors more than the bank tax. The exact loss will not be known for some time. Estimates, though, are ranging from 30 percent to 60 percent of the value of large deposits in the most wobbly of the two banks, Cyprus Popular Bank.

http://www.nytimes.com/2013/03/26/business/global/cyprus-bailout-stock-market-reaction.html?_r=0

March 25, 2013

AFP – Herman Van Rompuy, who chairs the European Union Council, on Monday urged the financial rescue deal clinched after tough overnight talks between Cyprus and its international creditors be enacted “as soon as possible.”

Welcoming the agreement “to ensure a sustainable future for Cyprus in the euro area”, Van Rompuy said “it is now for all parties to ensure its implementation as soon as possible.” http://www.france24.com/en/20130325-eus-van-rompuy-urges-quick-enactment-cyprus-deal

I agree, by the way, with the Russians that this plan probably amounts to stealing. And the Russians are right to be upset about this, but the total cost is low enough that the government in Russia may not make too big of a deal of this. In Cyprus we may see more protests because of this. This expected deal also will affect the EU’s ability to work with Russia, and I suspect that the Russians hope to be able to negotiate for something to make up for this.

This Cyprus deal does signal that the EU believes that it can simply take assets any time it wants. This could have an impact on investors around the world.

Also in the European Union, changes in its top leadership are in the works. Both its first “permanent president” Herman Van Rompuy and its foreign affairs leader the UK’s Baroness Catherine Ashton plan to leave next year (EU figures Van Rompuy and Ashton to quit in 2014). More reorganization is also coming to Europe.

While his support of the Cyprus deal shows that Herman Van Rompuy was willing to possibly fulfill the “raiser of taxes” role in Daniel 11:20, unless he does something more, and dies shortly after doing it, he will not be that particular leader. But changes, including more taxes and regulations, are coming to Europe.

Steps have been going in that direction for years, but we are not getting closer to seeing how what will become the future beast power will have more control over buying and selling:

16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.

18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)

The Bible is clear that the someone who sounds like a dictator will rise up in Europe:

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)

And while now is not quite yet the dictator’s time, despite problems with European nations sticking together (Daniel 2:40-43), a major dictator in Europe (and I have repeatedly wrote that I did not anticipate that it would be Herman van Rompuy) will rise up (Revelation 13:1-8), Europe will reorganize (Revelation 17:12-13), and become the final King of the North, European Beast power of Bible prophecy (Daniel 11:21-44).

This will not be good for the United States of America (nor the British), and ultimately not the Europeans (Revelation 18:1-8). And the Russians will ultimately turn against the Europeans (Jeremiah 50:41-43). The Russians may remember Cyprus then.

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?
Some Doctrines of Antichrist Are there any doctrines taught outside the Churches of God which can be considered as doctrines of antichrist? This article suggests at least three. It also provides information on 666 and the identity of “the false prophet”. Plus it shows that several Catholic writers seem to warn about an ecumenical antipope that will support heresy.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo (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 nations? Why might God allow them to be punished first?
Will the Anglo-Nations be Divided and Have People Taken as Slaves? 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?
Russia: Its Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end?
Is Russia the King of the North? Some claim it is. But what does the Bible teach?