LIVING CHURCH OF GOD
Speculations abound regarding the fate of the EU and the euro, and there is increasing concern that one or both could fail. The U.S. bank, Morgan Stanley warns “…that the Greek debt crisis is setting off a chain of events that may prompt German withdrawal from the eurozone” (Telegraph, April 15, 2010). “The former Governor of the Bank of Israel, Prof. Yaakov Frenkel, predicts a possible collapse of the Euro within the next three years” (IsraelNationalNews.com, May 2, 2010).
These predictions all fit with the opinion of many EU experts—there will be a two-speed or two-tiered Europe, with the stronger and more financially stable core of nations pulling ahead. Such a realignment of European nations could eventually result in the prophesied ten-kingdom power of Daniel 2 and Revelation 17.
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