The Euro Currency Area Has Only A One-In-Five Chance Of Surviving In Its Current Form, Think Tank Relates

Tim Castle of Reuters reports The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said. The Center for Economics and Business Research said Spain and Italy would have to refinance over 400 billion euros ($530 billion) of bonds in the spring, potentially sparking a fresh crisis within the 16-nation euro area.

Duane and Shelley Muir believe the economies of Europe will continue to dissolve, requiring a major restructuring of the EU into a Super-State and this in fulfillment of Bible Prophecy of Daniel that a Revived Roman Empire will come to rule in Europe.


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