EU summit/Greek poverty/a compromise

Written by Super User 25 May 2012

The economic crisis in Greece is forcing families to seek help from children's homes.In many cases parents are asking if their children can be taken into care, because they can't afford to look after them. See: The Brussels EU summit didn’t come up with ground breaking decisions to balance fiscal discipline with growth, issuance of Eurobonds or recapitalisation of banks. However they tried to produce something to relax Greek, Irish and Portuguese austerity programmes and start firewalls to soothe market anxiety. The Irish are holding a referendum on 31 May over the fiscal pact; Greece votes on 17th June to decide in or out of Eurozone. America says, ‘What happens in Greece has a direct impact in the US.’ The economy was the main issue not only in the G8 council in Camp David but also occupied a central position in the military alliance's meeting in Chicago. The past week has been pivotal for the continent of Europe.

Pray: for those who preside over these and future events to be aligned with God’s purposes.(Ps.119:169)

More: http://www.neurope.eu/article/eu-summit-towards-compromise

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