EUROPE - Greece will not be able to make a payment to the International Monetary Fund due on June 5 unless foreign lenders provide more aid, a senior ruling party lawmaker said on Wednesday, the latest warning from Athens that it is on the verge of default. Prime Minister Alexis Tsipras's leftist government says it hopes to reach a cash-for-reforms deal in days , although European Union & IMF lenders are more pessimistic & say talks are moving too slowly for that. Payments to the IMF totalling about 1.5 billion euros ($1.7 billion) fall due next month, starting with a 300 million euro payment on June 5. " Now is the moment that negotiations are coming to a head. Now is the moment of truth, on June 5," Nikos Filis , spokesman for the ruling Syriza party's lawmakers, told ANT1 television. " If there is no deal by then that will address the current funding problem, they won't get any money," he said.
NEWS REPORT : Reuters
PROPHECY INSIGHTS - Why are we interested in a technical default by one of the smallest economies in the European Union ? The answer is that a default could cause Greece to exit the Euro. An exit of the Euro could then cause contagion that spreads. It could cause other weaker nations to exit. At the same time the UK is looking to have a referendum on whether to stay in or leave Europe. What we could then see is a core group of nations covering a similar territory to the ancient Holy Roman Empire emerge. Ten nations who become a superstate. A block that really do give their power & strength to the European beast. One government , one army , one superstate. The Bible says that 10 kings ('rulers') will give their power & strength to the beast for one hour. So emerging from a bottomless pit will be a Roman like superpower that one day makes war on Christ & the saints.
REVELATION 17 v 12-13 - And the ' ten horns ' which thou sawest are ten kings , which have received no kingdom as yet ; but receive power as kings one hour with ' the beast '. These have ' one mind ' & shall give their power & strength unto ' the beast '. These shall make war with the Lamb ( Lord Jesus Christ )
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