JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
EU commission proposes 'difficult' €7bn loan for Greece-By EUOBSERVER-JULY 15,15
Today, 12:30-The European Commission Wednesday proposed giving Greece a €7bn bridge loan to cover its July financing needs using the European Financial Stability Mechanism. "This is not an easy option," said vice-president Dombrovskis, referring to the fact that it is an EU-wide fund and non-euro states have raised "serious concerns".
French parliament votes in favour of Greek bailout deal-By EUOBSERVER-JULY 15,15
Today, 18:52-The French National Assembly Wednesday voted in favour of the bailout agreement between Greece and its creditors, by 412 votes against 69 and 49 abstentions. The Senate also approved the deal by 260 votes against 23 and 60 abtsentions. France was the first country to vote on the agreement.
Eurogroup to talk Greece bridge financing by phone-By EUOBSERVER-JULY 15,15
Today, 09:29-The Eurogroup of finance ministers will discuss bridge financing for Greece in a teleconference Wednesday, said Austrian finance minister Schelling. He said if a "reasonable proposition" is presented, then euro finance ministers don't need to meet in person to approve it. Greece needs €7bn to get it through July.
US treasury chief to meet Draghi, Schaeuble, Sapin-By EUOBSERVER-JULY 15,15
Today, 09:24-US treasury secretary Jack Lew is to meet ECB chief Mario Draghi on Wednesday and then German finance minister Wolfgang Schäuble in Berlin and France's Michel Sapin in Paris on Thursday to discuss Greece. He will discuss "the path forward for Greece within the eurozone", said his office.
Tsipras asks Greek MPs to approve 'bad deal' By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:27-Greek prime minister Alexis Tsipras faces a crucial vote in the Greek parliament Wednesday (15 July) to adopt measures needed to open negotiations with creditors on a new bailout.In a TV interview Tuesday evening, he called on lawmakers to pass the list of "prior actions" set out in the agreement reached at a euro summit Sunday and Monday, even if it is "a bad deal in several aspects"."Greece must stick to the fiscal adjustment the deal foresees," Tsipras said, adding that "alternatives during the summit were: agreement or disorderly bankruptcy"."I am fully assuming my responsibilities, for mistakes and for oversights, and for the responsibility of signing a text that I do not believe in, but that I am obliged to implement."In accordance with creditors' demands, the bill contains pensions, VAT, and tax reforms, as well as new governance of the Greek office of statistics.The retirement age is raised to 67 years or 40 years of work.New VAT rates include a 23 percent rate on restaurants, medical services, and transportation. Energy, water and fresh food will be taxed at 13 percent and medicines, books and theater tickets at 6 percent.The VAT discount for Aegean islands is abolished except for remote islands, where it will abolished from 2016 only.The corporate tax is raised to 28 percent and the luxury tax to 13 percent, while a solidarity tax is raised to 0.8 percent of the income, with retroactivity from 1 January 2015.-Rebellion-The bill, which includes measures Greek voters rejected at the referendum on 5 July, is controversial in Tsipras' government and far-left Syriza party.The minister of productive reconstruction and Syriza's Left Platform chief, Panagiotis Lafazanis, asked Tsipras to withdraw the agreement and called Greece's creditors “brutal blackmailers and financial assassins”.Defence minister Panos Kammenos, the head of Anel, the nationalist coalition partner of Syriza, said his party could not back the measures, but said he continued to support the prime minister.The deputy minister of European affairs, Nikos Hountis, resigned from the cabinet in protest against the euro summit agreement.Syriza parliamentary group spokesman Nikos Filis, for his part, said the party rebels would help Europe's "coup plotters" if they voted No."The government came under threat from economic and political forces that do not forgive the Greek people for making a different choice", he said Tuesday."I think that, often, we facilitate these plans. We cannot end with a left interregnum with the complicity of people of the left."Tsipras himself called on his MPs to be realistic.“The safety of ideological pureness is not compatible with moments of crisis,” he said in his TV interview on Tuesday.As the bill should be approved with votes from opposition parties - the conservative New Democracy, the socialist Pasok, and the centrist To Potami - the main issue is the size of the Syriza rebellion and whether a new government will be formed.-No resignation-Analysts say that if more than 40 Syriza MPs vote against the bill, Tsipras will have to form a national unity government or call new elections."Elections are not in my immediate intentions", Tsipras said in his interview. But he did not answer questions about a government reshuffle.He also ruled out his own resignation.“The worst thing a captain could do while he is steering a ship during a storm, as difficult as it is, would be to abandon the helm", he said.He explained that he "never had a plan B" and that Greece did not have enough cash reserves to leave the euro and go back to the drachma.He nevertheless defended the agreement.“To be frank, [Greece's creditors] are not only forced to give fresh money, but to give €82 billion, and are accepting the restructuring of the debt”, he said.He also chastised his former finance minister Yanis Varoufakis."You can be a good academic and not necessarily a good politician", he said.While the Greek parliament debates and votes on so-called prior actions, the US secretary of treasury, Jack Lew, will be in Frankfurt to discuss the Greek crisis with the European Central Bank chief Mario Draghi. Lew will also be in Berlin and Paris on Thursday to meet German and French finance ministers Wolfgang Schäuble and Michel Sapin.The US has been putting pressure on EU leaders to solve the crisis out of concern for the economic situation in Europe and the geopolitical consequences of Greece leaving the eurozone.
EU commission proposes controversial short-term funding for Greece By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 17:42-The EU commission has proposed providing Greece with a bridging loan from a bailout fund in spite of strong opposition from London and Prague.For the short term, the Commission proposed that the €7 billion Greece needs to get it through July come from the European Financial Stabilisation Mechanism (EFSM).Created in 2010, the EFSM was used to bail out Ireland and Portugal and has not been used since the creation of a permanent bailout fund, the eurozone-only European Stability Mechanism (ESM), in 2012.The money will be lent to Greece for three months, and will be repaid when the ESM bailout Greece requested last week is in place.The commission hopes the bailout negotiations will be concluded by 17 August, just two days before Greece will need another €5 billion to meet its debt commitments.The bailout talks, according to the agreement reached at the euro summit Monday morning (13 July), will start as soon as the Greek Parliament votes a series of "prior actions" and several national parliaments approve the opening of negotiations.The EFSM is guaranteed by all EU 28 member states, not only by eurozone countries, and the idea of using EFSM money for bridge financing has been opposed by several member states, especially Britain and the Czech Republic."Leaders from across the EU agreed in 2010 that the EFSM would not be used again for those in the euro area and that remains the prime minister’s view," a UK government spokesperson told the Guardian.British PM David Cameron told parliament Wednesday: "It's not for Britain to bailout eurozone countries, and we wouldn't do that.""This is not an easy option," Commission vice-president Valdis Dombovskis admitted at a press conference and said experts are working on trying to make sure there are "no negative consequences" for non-euro states."Given the political, legal, financial and time constraints" he said that it was either the EFSM or a bilateral loan.But given that "there are currently no prospects for any bilateral help, […], the best possible avenue left is the EFSM programme," he said.The EFSM loan will have to be approved by the 28 finance ministers, probably at a conference call.It will be decided by a qualified majority, where the UK's opposition could be overruled.The commission also presented a longer term "plan for jobs and growth for Greece" of more than €35 billion.Some €20 billion will come for the European Structural and Investment Funds and €15 billion from the Common Agricultural Policy. The rest will come from the Youth Guarantee programme and EU budget pots.The focus for investment will be on innovation and research as well as infrastructure works, funding for SMEs as well as help for training for young unemployed.These funds "will not solve Greece's liquidity problem but can provide a basis for an exit of the crisis," regional commissioner Corina Cretu said.As the Greek parliament is set to vote a first series of reforms on Wednesday, Crete noted that "these reforms alone cannot bring Greece back to the path of growth and jobs. The reforms must be coupled with an investment plan".The €35 billion plan comes from the 2014-2020 EU budget, where funds were already available for Greece.But the country will get some favourable conditions.The commission will speed up reimbursement of spendings from the 2007-2013 programmes. It will also increase the rate of pre-financing for 2014-2020 programmes by 7 percent.
National parliaments gear up for Greek bailout vote By Nikolaj Nielsen-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:29-The German Bundestag on Friday morning (17 July) will hold a special plenary to decide on whether to back a third bailout package for Greece.Bild - a German tabloid that wants a Grexit - reports resistance is already emerging against the bailout in the governing centre-right CDU and its small Bavarian sister party, the CSU.Klaus-Peter Willsch, a CDU deputy, told Bild he was "definitely" going to say No to further aid for Greece while Mark Hauptmann, another deputy from the party, said: "Greece said 'Oxi' to reforms, that's why I am saying 'Oxi' to further credit".The Bundestag's go-ahead, along with 17 other eurozone governments or parliaments, is needed for Greece to open talks on a three-year €86 billion bailout.The Eurogroup and board of governors of the ESM – the eurozone bailout fund - will then discuss the outcome and take a formal decision on whether negotiations should kick off with creditors.Much will depend on whether the Greek parliament on Wednesday (15 July) manages to pass a first raft of laws to streamline VAT, broaden the tax base, and reform pensions.The country, which continues to suffer with high unemployment and a 175 percent GDP to debt ratio, agreed Monday to a further round of harsh austerity demands largely pushed through by Germany’s chancellor Angela Merkel and her finance minister Wolfgang Schäuble.Italy’s minister of finance Pier Carlo Padoan told Italian media Il Sole 24 Ore that only Cyprus, France, and Italy backed a compromise deal with the Greeks at the euro summit. The rest fell behind Germany.Not all decisions will be made by national parliament plenaries. Some will be taken at committee level or only by the government.But by the time the German Bundestag vote is over, many other parliaments or governments should have their positions finalised.France will be among the first, with a debate and vote in the national assembly on Wednesday.The European affairs committee of the Latvian parliament will also meet on Wednesday but a vote remains unclear at this stage.“It is not necessarily said that there should be vote by the parliament. It could just be a decision of the government”, spokesperson from the Latvian parliament told this website on Tuesday (14 July).Estonia’s parliament will convene on Thursday. It is not yet clear if there will be a vote, but the PM is expected to make a presentation.In Finland and the Netherlands - both seen as in the same tough camp as Germany - there will be committee level votes in their parliaments on Thursday. Austria’s parliament will vote on Friday.Meanwhile, the decision on whether to open negotiations for a third Greek bailout will be made at the government level in Belgium, Ireland, Italy, Lithuania, Slovakia and probably Spain.
Finance ministers fail to decide bridge financing for Greece By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, 14. Jul, 18:53-EU finance ministers agreed on Tuesday (14 July) to deepen and strengthen the European monetary union but failed to make progress on the urgent issue of bridge financing for Greece."Different options are (being) explored" to provide Greece with up to €7 billion before next Monday (20 July), EU Commission vice-president Valdis Dombrovskis said after the Ecofin meeting of 28 ministers."It has to be said that pretty much all options are quite difficult, with legal, political or financial complications," he said.The money is needed to get Greece through the coming weeks, including covering the €3.5bn owed Monday to the European Central Bank (ECB).Using money from the European Financial Stabilisation Mechanism (EFSM) is the most controversial option.Sweden, Denmark, the Czech Republic and the UK voiced their opposition to the idea because the EFSM is guaranteed by all 28 EU member states, not only eurozone countries."The eurozone needs to foot its own bill," said Britain's chancellor of the Exchequer George Osborne.Other solutions include the use of profits on Greek bonds made by the ECB and national central banks and bilateral loans to Greece.German finance minister Wolfgang Schäuble, for his part, proposed that Greece issues IOUs to pay its domestics bills and save money to repay its debt.This solution would be tantamount to start creating a parallel currency to the euro.A working group of experts have been tasked "to find out a proper mechanism", Dombrovskis said, but no date for a decision by finance ministers has been set.-EMU-Speaking a day after euro leaders agreed conditions for a new Greek bailout, he noted that "market reaction has been so far quite limited beyond Greece"."Thanks to the existing tools of banking union and ESM we were able to handle the Greek crisis in an efficient way," said Luxembourg's finance minister Pierre Gramegna, whose country holds the six-month presidency of the Council,During their meeting, the ministers discussed the "five presidents" report on "Completing Europe's Economic and monetary union (EMU)" published in June."There is an objective need to strengthen the EMU. We can see that we need to deepen cooperation," Gramegna said.He asked for "concrete proposals by the Commission very quickly" and said treaty changes were expected to implement medium and long term proposals from the report."But it is important to implement what has already been agreed," he said.He underlined the fact that all member states had to implement the directive on bank recovery and resolution and that the microeconomic imbalance procedure should be strengthened.He also pointed out that member states should "not neglect the social dimension of the EMU which is key to (its) acceptance amongst our populations".Romania singled out-The Ecofin also issued country specific recommendations on member states economic, employment and fiscal policies.Along the lines set out by the Commission in March, the recommendations focus on investment, structural reforms and fiscal discipline."This year's recommendations are streamlined and more focussed," Dombrovskis said.Romania was singled out during the meeting. "It is regrettable that the review of Romania's balance of payments programme could not, once again, be concluded," Dombrovskis said."It is very important that Romania continues to implement the needed reforms and that the country ensures sound fiscal policies."
Iran deal complicates EU-Israel relations By Andrew Rettman-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:29-EU and US leaders have said the Iran deal paves the way for broad co-operation with the Islamic Republic, widening their differences with the Israeli government.EU foreign relations chief Federica Mogherini, who chaired the final stages of talks in Vienna, said on Tuesday (14 July), the accord “will ensure that Iran’s nuclear programme will be exclusively peaceful” and that it creates “conditions for building trust and opening a new chapter in our relationship”.Also speaking on behalf of the 28 EU member states, Council chief Donald Tusk noted: “The agreement could be a turning point in relations between Iran … paving the way to new avenues of co-operation”.The statements were echoed by individual leaders, commissioners, and MEPs.German chancellor Angela Merkel called the accord a “substantial gain” for peace in the Middle East and an “important success” for international diplomacy.France’s Francois Hollande warned: “Now that Iran will have bigger financial capabilities, as there will no longer be sanctions, we must be extremely vigilant.”But his foreign minister, Laurent Fabius, told Le Monde: “If Iran, an important country, a great civilization, a major actor in the region, clearly makes the choice of co-operation, we will pay tribute to this evolution … Its contribution would be useful to solve numerous crises”.Barack Obama, the US president, said stopping the Iranian nuclear enrichment programme averts “a nuclear arms race in the most volatile region of the world”.Like EU leaders, he urged Iran to follow up on the accord by pursuing a more pro-Western foreign policy and by becoming less repressive at home.“The path of violence and rigid ideology, a foreign policy based on threats to attack your neighbours or eradicate Israel - that’s a dead end”, he said.The Vienna breakthrough saw the EU immediately extend the suspension of some its sanctions until January next year.The rest of the sanctions - which include blacklists, curbs on oil and gas exportation, curbs on investment and technology transfer, as well as broader economic measures, and an arms embargo - will be relaxed in the first half of 2016, pending UN Security Council approval and Iranian implementation.Some of them - on arms and on transfer of nuclear know-how - are to stay in place for five to eight years.But the sanctions wind-down will see hundreds of bilions of dollars blocked in US and EU banks released to the Iranian treasury.They are also likely to see a gold rush by Western companies keen to invest in the Iranian market.-Disquiet-The developments have caused disquiet for Iran’s principal adversaries - Saudi Arabia and Israel - which fear not just that the non-proliferation deal isn’t tight enough, but also that Iran’s new wealth will help it seek regional hegemony via proxy forces in Bahrain, Iraq, Lebanon, Syria, and Yemen.With the Iran deal in the bag, the US and the EU are also more likely to redouble pressure on Israel to reach lasting terms with Palestine.For his part, Israeli PM Benjamin Netanyahu, who already had lousy ties with Obama, said the Iran deal is “an historic mistake for the world”.“Iran will receive hundreds of billions of dollars with which it can fuel its terror machine and its expansion and aggression throughout the Middle East and across the globe”.The critics note that the mechanism to “snap-back” UN sanctions in case of Iranian non- compliance is too cumbersome.They say international inspections of Iranian military facilities are equally bound up in red tape.They also say limits on further nuclear research are too weak and that when the arms embargoes are lifted, in five to eight years, it will help Iran to build up the arsenals of Hezbollah and Hamas, its allies in Lebanon and Gaza, which are designated as terrorist entites by the West.-Russia-Meanwhile, the Iran deal has implications for Russian-Western relations.For his part, Russian leader Vladimir Putin said on Tuesday: “We are confident that the world today breathed a sigh of relief”.Obama, in his press conference acknowledged that “Russia was a help on this”.“I’ll be honest with you. I was not sure given the strong differences we are having with Russia right now around Ukraine, whether this would sustain itself”, he added.EU diplomats note that Russia didn’t try to use the Iran talks to gain EU and US sanctions relief because Middle East non-proliferation is equally in its own interest.But the Russian foreign minister, Sergei Lavrov, said there should be quid pro quo on US and Nato plans to build a missile defence system in Europe.“We all probably remember how in April 2009, giving a speech in Prague … Obama said that if Iran’s nuclear program is successfully regulated, then the aim of the European segment of the missile defense will be dropped”, Lavrov noted.“Today, we drew the attention of our American colleagues to this fact. We will expect a reaction”.
HOARDING OF GOLD AND SILVER
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
EU commission proposes 'difficult' €7bn loan for Greece-By EUOBSERVER-JULY 15,15
Today, 12:30-The European Commission Wednesday proposed giving Greece a €7bn bridge loan to cover its July financing needs using the European Financial Stability Mechanism. "This is not an easy option," said vice-president Dombrovskis, referring to the fact that it is an EU-wide fund and non-euro states have raised "serious concerns".
French parliament votes in favour of Greek bailout deal-By EUOBSERVER-JULY 15,15
Today, 18:52-The French National Assembly Wednesday voted in favour of the bailout agreement between Greece and its creditors, by 412 votes against 69 and 49 abstentions. The Senate also approved the deal by 260 votes against 23 and 60 abtsentions. France was the first country to vote on the agreement.
Eurogroup to talk Greece bridge financing by phone-By EUOBSERVER-JULY 15,15
Today, 09:29-The Eurogroup of finance ministers will discuss bridge financing for Greece in a teleconference Wednesday, said Austrian finance minister Schelling. He said if a "reasonable proposition" is presented, then euro finance ministers don't need to meet in person to approve it. Greece needs €7bn to get it through July.
US treasury chief to meet Draghi, Schaeuble, Sapin-By EUOBSERVER-JULY 15,15
Today, 09:24-US treasury secretary Jack Lew is to meet ECB chief Mario Draghi on Wednesday and then German finance minister Wolfgang Schäuble in Berlin and France's Michel Sapin in Paris on Thursday to discuss Greece. He will discuss "the path forward for Greece within the eurozone", said his office.
Tsipras asks Greek MPs to approve 'bad deal' By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:27-Greek prime minister Alexis Tsipras faces a crucial vote in the Greek parliament Wednesday (15 July) to adopt measures needed to open negotiations with creditors on a new bailout.In a TV interview Tuesday evening, he called on lawmakers to pass the list of "prior actions" set out in the agreement reached at a euro summit Sunday and Monday, even if it is "a bad deal in several aspects"."Greece must stick to the fiscal adjustment the deal foresees," Tsipras said, adding that "alternatives during the summit were: agreement or disorderly bankruptcy"."I am fully assuming my responsibilities, for mistakes and for oversights, and for the responsibility of signing a text that I do not believe in, but that I am obliged to implement."In accordance with creditors' demands, the bill contains pensions, VAT, and tax reforms, as well as new governance of the Greek office of statistics.The retirement age is raised to 67 years or 40 years of work.New VAT rates include a 23 percent rate on restaurants, medical services, and transportation. Energy, water and fresh food will be taxed at 13 percent and medicines, books and theater tickets at 6 percent.The VAT discount for Aegean islands is abolished except for remote islands, where it will abolished from 2016 only.The corporate tax is raised to 28 percent and the luxury tax to 13 percent, while a solidarity tax is raised to 0.8 percent of the income, with retroactivity from 1 January 2015.-Rebellion-The bill, which includes measures Greek voters rejected at the referendum on 5 July, is controversial in Tsipras' government and far-left Syriza party.The minister of productive reconstruction and Syriza's Left Platform chief, Panagiotis Lafazanis, asked Tsipras to withdraw the agreement and called Greece's creditors “brutal blackmailers and financial assassins”.Defence minister Panos Kammenos, the head of Anel, the nationalist coalition partner of Syriza, said his party could not back the measures, but said he continued to support the prime minister.The deputy minister of European affairs, Nikos Hountis, resigned from the cabinet in protest against the euro summit agreement.Syriza parliamentary group spokesman Nikos Filis, for his part, said the party rebels would help Europe's "coup plotters" if they voted No."The government came under threat from economic and political forces that do not forgive the Greek people for making a different choice", he said Tuesday."I think that, often, we facilitate these plans. We cannot end with a left interregnum with the complicity of people of the left."Tsipras himself called on his MPs to be realistic.“The safety of ideological pureness is not compatible with moments of crisis,” he said in his TV interview on Tuesday.As the bill should be approved with votes from opposition parties - the conservative New Democracy, the socialist Pasok, and the centrist To Potami - the main issue is the size of the Syriza rebellion and whether a new government will be formed.-No resignation-Analysts say that if more than 40 Syriza MPs vote against the bill, Tsipras will have to form a national unity government or call new elections."Elections are not in my immediate intentions", Tsipras said in his interview. But he did not answer questions about a government reshuffle.He also ruled out his own resignation.“The worst thing a captain could do while he is steering a ship during a storm, as difficult as it is, would be to abandon the helm", he said.He explained that he "never had a plan B" and that Greece did not have enough cash reserves to leave the euro and go back to the drachma.He nevertheless defended the agreement.“To be frank, [Greece's creditors] are not only forced to give fresh money, but to give €82 billion, and are accepting the restructuring of the debt”, he said.He also chastised his former finance minister Yanis Varoufakis."You can be a good academic and not necessarily a good politician", he said.While the Greek parliament debates and votes on so-called prior actions, the US secretary of treasury, Jack Lew, will be in Frankfurt to discuss the Greek crisis with the European Central Bank chief Mario Draghi. Lew will also be in Berlin and Paris on Thursday to meet German and French finance ministers Wolfgang Schäuble and Michel Sapin.The US has been putting pressure on EU leaders to solve the crisis out of concern for the economic situation in Europe and the geopolitical consequences of Greece leaving the eurozone.
EU commission proposes controversial short-term funding for Greece By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 17:42-The EU commission has proposed providing Greece with a bridging loan from a bailout fund in spite of strong opposition from London and Prague.For the short term, the Commission proposed that the €7 billion Greece needs to get it through July come from the European Financial Stabilisation Mechanism (EFSM).Created in 2010, the EFSM was used to bail out Ireland and Portugal and has not been used since the creation of a permanent bailout fund, the eurozone-only European Stability Mechanism (ESM), in 2012.The money will be lent to Greece for three months, and will be repaid when the ESM bailout Greece requested last week is in place.The commission hopes the bailout negotiations will be concluded by 17 August, just two days before Greece will need another €5 billion to meet its debt commitments.The bailout talks, according to the agreement reached at the euro summit Monday morning (13 July), will start as soon as the Greek Parliament votes a series of "prior actions" and several national parliaments approve the opening of negotiations.The EFSM is guaranteed by all EU 28 member states, not only by eurozone countries, and the idea of using EFSM money for bridge financing has been opposed by several member states, especially Britain and the Czech Republic."Leaders from across the EU agreed in 2010 that the EFSM would not be used again for those in the euro area and that remains the prime minister’s view," a UK government spokesperson told the Guardian.British PM David Cameron told parliament Wednesday: "It's not for Britain to bailout eurozone countries, and we wouldn't do that.""This is not an easy option," Commission vice-president Valdis Dombovskis admitted at a press conference and said experts are working on trying to make sure there are "no negative consequences" for non-euro states."Given the political, legal, financial and time constraints" he said that it was either the EFSM or a bilateral loan.But given that "there are currently no prospects for any bilateral help, […], the best possible avenue left is the EFSM programme," he said.The EFSM loan will have to be approved by the 28 finance ministers, probably at a conference call.It will be decided by a qualified majority, where the UK's opposition could be overruled.The commission also presented a longer term "plan for jobs and growth for Greece" of more than €35 billion.Some €20 billion will come for the European Structural and Investment Funds and €15 billion from the Common Agricultural Policy. The rest will come from the Youth Guarantee programme and EU budget pots.The focus for investment will be on innovation and research as well as infrastructure works, funding for SMEs as well as help for training for young unemployed.These funds "will not solve Greece's liquidity problem but can provide a basis for an exit of the crisis," regional commissioner Corina Cretu said.As the Greek parliament is set to vote a first series of reforms on Wednesday, Crete noted that "these reforms alone cannot bring Greece back to the path of growth and jobs. The reforms must be coupled with an investment plan".The €35 billion plan comes from the 2014-2020 EU budget, where funds were already available for Greece.But the country will get some favourable conditions.The commission will speed up reimbursement of spendings from the 2007-2013 programmes. It will also increase the rate of pre-financing for 2014-2020 programmes by 7 percent.
National parliaments gear up for Greek bailout vote By Nikolaj Nielsen-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:29-The German Bundestag on Friday morning (17 July) will hold a special plenary to decide on whether to back a third bailout package for Greece.Bild - a German tabloid that wants a Grexit - reports resistance is already emerging against the bailout in the governing centre-right CDU and its small Bavarian sister party, the CSU.Klaus-Peter Willsch, a CDU deputy, told Bild he was "definitely" going to say No to further aid for Greece while Mark Hauptmann, another deputy from the party, said: "Greece said 'Oxi' to reforms, that's why I am saying 'Oxi' to further credit".The Bundestag's go-ahead, along with 17 other eurozone governments or parliaments, is needed for Greece to open talks on a three-year €86 billion bailout.The Eurogroup and board of governors of the ESM – the eurozone bailout fund - will then discuss the outcome and take a formal decision on whether negotiations should kick off with creditors.Much will depend on whether the Greek parliament on Wednesday (15 July) manages to pass a first raft of laws to streamline VAT, broaden the tax base, and reform pensions.The country, which continues to suffer with high unemployment and a 175 percent GDP to debt ratio, agreed Monday to a further round of harsh austerity demands largely pushed through by Germany’s chancellor Angela Merkel and her finance minister Wolfgang Schäuble.Italy’s minister of finance Pier Carlo Padoan told Italian media Il Sole 24 Ore that only Cyprus, France, and Italy backed a compromise deal with the Greeks at the euro summit. The rest fell behind Germany.Not all decisions will be made by national parliament plenaries. Some will be taken at committee level or only by the government.But by the time the German Bundestag vote is over, many other parliaments or governments should have their positions finalised.France will be among the first, with a debate and vote in the national assembly on Wednesday.The European affairs committee of the Latvian parliament will also meet on Wednesday but a vote remains unclear at this stage.“It is not necessarily said that there should be vote by the parliament. It could just be a decision of the government”, spokesperson from the Latvian parliament told this website on Tuesday (14 July).Estonia’s parliament will convene on Thursday. It is not yet clear if there will be a vote, but the PM is expected to make a presentation.In Finland and the Netherlands - both seen as in the same tough camp as Germany - there will be committee level votes in their parliaments on Thursday. Austria’s parliament will vote on Friday.Meanwhile, the decision on whether to open negotiations for a third Greek bailout will be made at the government level in Belgium, Ireland, Italy, Lithuania, Slovakia and probably Spain.
Finance ministers fail to decide bridge financing for Greece By Eric Maurice-JULY 15,15-EUOBSERVER
BRUSSELS, 14. Jul, 18:53-EU finance ministers agreed on Tuesday (14 July) to deepen and strengthen the European monetary union but failed to make progress on the urgent issue of bridge financing for Greece."Different options are (being) explored" to provide Greece with up to €7 billion before next Monday (20 July), EU Commission vice-president Valdis Dombrovskis said after the Ecofin meeting of 28 ministers."It has to be said that pretty much all options are quite difficult, with legal, political or financial complications," he said.The money is needed to get Greece through the coming weeks, including covering the €3.5bn owed Monday to the European Central Bank (ECB).Using money from the European Financial Stabilisation Mechanism (EFSM) is the most controversial option.Sweden, Denmark, the Czech Republic and the UK voiced their opposition to the idea because the EFSM is guaranteed by all 28 EU member states, not only eurozone countries."The eurozone needs to foot its own bill," said Britain's chancellor of the Exchequer George Osborne.Other solutions include the use of profits on Greek bonds made by the ECB and national central banks and bilateral loans to Greece.German finance minister Wolfgang Schäuble, for his part, proposed that Greece issues IOUs to pay its domestics bills and save money to repay its debt.This solution would be tantamount to start creating a parallel currency to the euro.A working group of experts have been tasked "to find out a proper mechanism", Dombrovskis said, but no date for a decision by finance ministers has been set.-EMU-Speaking a day after euro leaders agreed conditions for a new Greek bailout, he noted that "market reaction has been so far quite limited beyond Greece"."Thanks to the existing tools of banking union and ESM we were able to handle the Greek crisis in an efficient way," said Luxembourg's finance minister Pierre Gramegna, whose country holds the six-month presidency of the Council,During their meeting, the ministers discussed the "five presidents" report on "Completing Europe's Economic and monetary union (EMU)" published in June."There is an objective need to strengthen the EMU. We can see that we need to deepen cooperation," Gramegna said.He asked for "concrete proposals by the Commission very quickly" and said treaty changes were expected to implement medium and long term proposals from the report."But it is important to implement what has already been agreed," he said.He underlined the fact that all member states had to implement the directive on bank recovery and resolution and that the microeconomic imbalance procedure should be strengthened.He also pointed out that member states should "not neglect the social dimension of the EMU which is key to (its) acceptance amongst our populations".Romania singled out-The Ecofin also issued country specific recommendations on member states economic, employment and fiscal policies.Along the lines set out by the Commission in March, the recommendations focus on investment, structural reforms and fiscal discipline."This year's recommendations are streamlined and more focussed," Dombrovskis said.Romania was singled out during the meeting. "It is regrettable that the review of Romania's balance of payments programme could not, once again, be concluded," Dombrovskis said."It is very important that Romania continues to implement the needed reforms and that the country ensures sound fiscal policies."
Iran deal complicates EU-Israel relations By Andrew Rettman-JULY 15,15-EUOBSERVER
BRUSSELS, Today, 09:29-EU and US leaders have said the Iran deal paves the way for broad co-operation with the Islamic Republic, widening their differences with the Israeli government.EU foreign relations chief Federica Mogherini, who chaired the final stages of talks in Vienna, said on Tuesday (14 July), the accord “will ensure that Iran’s nuclear programme will be exclusively peaceful” and that it creates “conditions for building trust and opening a new chapter in our relationship”.Also speaking on behalf of the 28 EU member states, Council chief Donald Tusk noted: “The agreement could be a turning point in relations between Iran … paving the way to new avenues of co-operation”.The statements were echoed by individual leaders, commissioners, and MEPs.German chancellor Angela Merkel called the accord a “substantial gain” for peace in the Middle East and an “important success” for international diplomacy.France’s Francois Hollande warned: “Now that Iran will have bigger financial capabilities, as there will no longer be sanctions, we must be extremely vigilant.”But his foreign minister, Laurent Fabius, told Le Monde: “If Iran, an important country, a great civilization, a major actor in the region, clearly makes the choice of co-operation, we will pay tribute to this evolution … Its contribution would be useful to solve numerous crises”.Barack Obama, the US president, said stopping the Iranian nuclear enrichment programme averts “a nuclear arms race in the most volatile region of the world”.Like EU leaders, he urged Iran to follow up on the accord by pursuing a more pro-Western foreign policy and by becoming less repressive at home.“The path of violence and rigid ideology, a foreign policy based on threats to attack your neighbours or eradicate Israel - that’s a dead end”, he said.The Vienna breakthrough saw the EU immediately extend the suspension of some its sanctions until January next year.The rest of the sanctions - which include blacklists, curbs on oil and gas exportation, curbs on investment and technology transfer, as well as broader economic measures, and an arms embargo - will be relaxed in the first half of 2016, pending UN Security Council approval and Iranian implementation.Some of them - on arms and on transfer of nuclear know-how - are to stay in place for five to eight years.But the sanctions wind-down will see hundreds of bilions of dollars blocked in US and EU banks released to the Iranian treasury.They are also likely to see a gold rush by Western companies keen to invest in the Iranian market.-Disquiet-The developments have caused disquiet for Iran’s principal adversaries - Saudi Arabia and Israel - which fear not just that the non-proliferation deal isn’t tight enough, but also that Iran’s new wealth will help it seek regional hegemony via proxy forces in Bahrain, Iraq, Lebanon, Syria, and Yemen.With the Iran deal in the bag, the US and the EU are also more likely to redouble pressure on Israel to reach lasting terms with Palestine.For his part, Israeli PM Benjamin Netanyahu, who already had lousy ties with Obama, said the Iran deal is “an historic mistake for the world”.“Iran will receive hundreds of billions of dollars with which it can fuel its terror machine and its expansion and aggression throughout the Middle East and across the globe”.The critics note that the mechanism to “snap-back” UN sanctions in case of Iranian non- compliance is too cumbersome.They say international inspections of Iranian military facilities are equally bound up in red tape.They also say limits on further nuclear research are too weak and that when the arms embargoes are lifted, in five to eight years, it will help Iran to build up the arsenals of Hezbollah and Hamas, its allies in Lebanon and Gaza, which are designated as terrorist entites by the West.-Russia-Meanwhile, the Iran deal has implications for Russian-Western relations.For his part, Russian leader Vladimir Putin said on Tuesday: “We are confident that the world today breathed a sigh of relief”.Obama, in his press conference acknowledged that “Russia was a help on this”.“I’ll be honest with you. I was not sure given the strong differences we are having with Russia right now around Ukraine, whether this would sustain itself”, he added.EU diplomats note that Russia didn’t try to use the Iran talks to gain EU and US sanctions relief because Middle East non-proliferation is equally in its own interest.But the Russian foreign minister, Sergei Lavrov, said there should be quid pro quo on US and Nato plans to build a missile defence system in Europe.“We all probably remember how in April 2009, giving a speech in Prague … Obama said that if Iran’s nuclear program is successfully regulated, then the aim of the European segment of the missile defense will be dropped”, Lavrov noted.“Today, we drew the attention of our American colleagues to this fact. We will expect a reaction”.
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