TW News: Greece Faces Loss of Sovereignty

Greek Riots, 2008

Today’s TW News & Prophecy E-Zine from the Living Church of God includes the following:

“Greece faces massive loss of sovereignty,” read a recent article in the EU Observer. As the EU forwards 12 billion euros of additional relief to Greece, it completes its fifth payment of the overall 110 billion euro package. This recent payment should help Greece meet its financial obligations through the end of the month.Experts suggest that the next required steps for Greece will result in major privatization of Greece’s many state-owned assets, not unlike the “selling of East German firms in the 1990’s after the fall of Communism.” Although many European nations speak of the need to “encourage” and “support” the Greeks during this difficult financial situation, this does not erase the reality of the impact of privatization on Greek sovereignty (EU Observer, July 4, 2011).

God highlights that the final configuration of “kingdoms” under the Beast power will “give their power” over to that Beast for a time (Revelation 17:13). Exactly how power will be given over to this European Beast power remains to be seen, however, massive indebtedness and the corresponding repayment plans could be one way this prophecy is fulfilled. Time will tell exactly how this powerful prophecy will come to pass.

If you received this E-Zine from a friend and would like to begin receiving your own copy click here to sign up for free.

As alluded to above, the Bible is clear that there will be an essentially complete loss of sovereignty when later European leaders turn over their authority over to the coming European Beast power.

Greece is just starting to get a taste of this, in addition to what they noticed last year.

There will be ups and downs in Europe until the final European beast power rises up–but the Europeans will lose sovereignty.

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?
Did The Early Church Teach Millenarianism? Was the millennium (sometimes called chiliasm) taught by early Christians? Who condemned it. Will Jesus literally reign for 1000 years on the earth? Is this time near?
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? True religion should be based upon the true gospel.