EU debt crisis and the consolidation of power?

A recent article in The Times (of London) read: “The bailouts don’t work but they do allow the EU to build up centralized power at the expense of nation states.”  The author continued, “The political motivation for tightening the debt yoke on Greece, Ireland and Portugal is even clearer.  By turning these countries into permanent debtors to the ECB [European Central Bank] and the various EU bailout funds, Brussels and Frankfurt are enormously increasing the power of centralized European institutions at the expense of nation states” (May 11, 2011). 

In a recent speech at Humboldt University in Berlin, Michel Barnier reiterated the need for a European president.  He noted that for the EU to remain viable on the world scene in the years to come, European nations must also work to “combat nationalism”  (EUobserver.com, May 11, 2011).

Winston Churchill was right—“there IS a purpose being worked out here below.”  God promised in regard to Daniel’s dream about the great image depicting world-ruling empires that would appear, “The dream is certain, and its interpretation is sure” (Daniel 2:45).  A great Beast power will arise in Europe, and ten nations or “kingdoms” will give their power (surrender their sovereignty) to it at some point in the future (see Revelation 17).  

The events now taking place throughout Europe are all for a purpose.  They will eventually lead to the creation of the Beast power prophesied to arise in Europe.  For more information on this fascinating topic, please review our free booklet, The Beast of Revelation.