“Germany has three months to save the euro.”

“Germany has three months to save the euro,” says billionaire George Soros (Telegraph, June 3, 2012).  Soros suggested the “summer window” could allow Germany and the Bundesbank to save the EU’s sinking ship because “in a crisis the creditors are in the driver’s seat and nothing can be done without German support” (ibid.).

Meanwhile, European nations are preparing for potential economic collapse, and observers note the European Monetary Union is “in danger of disintegration” unless Germany agrees to a full fiscal union.  Adding to the sense of urgency, “Joschka Fischer, Germany’s former vice-Chancellor, said EU leaders have two weeks left to save the [EU] project.” Several EU nations have talked of exiting the euro and returning to national currencies. Italy’s ex-premier, Silvio Berlusconi, floated the idea of using a euro-minting facility in Italy to mint more euros without EU approval (ibid.). Interestingly, EU leaders assured Russia this week that the euro is a “safe bet” (EU Observer, June 4, 2012).

The EU financial situation is approaching a climax, and the European Union that we have known for the last 20 years is preparing for radical change, perhaps into its final prophesied form.  Bible prophecy reveals that a European Beast power will emerge at the end of the age comprised of ten leaders or nations that “give their power” to it (Revelation 17:7-13).  These leaders or nations will be of “one mind” and will “receive authority for one hour as kings with the Beast.”  We appear to be watching this Beast taking shape today.

For more information on this vital topic, see our booklet The Beast of Revelation.