Jim Bakker Show

German Chancellor Angela Merkel

Angela Merkel declared that Christianity is the “most persecuted religion, worldwide,” at a meeting of the German Protestant Church. Merkel is the daughter of a pastor. She also spoke out against a strict separation of church and state and said Europe was built on Christian foundations. (more…)

European Union officials announced that the group has moved closer to creating a central European treasury that would be able to override the individual budgets of member nations. The system would essentially create a government entity in Brussels that would have power over the economies of all member nations.

Several leaders in the EU want the debts of individual member nations to be guaranteed by all the members of the Eurozone instead of each member being individually a problem on the system like Greece and Spain have been in the last year. (more…)

Angela Merkel, the German chancellor, said “An effort by the international community to stabilize the situation in Greece has not worked.” She cast doubt for the first time on Europe’s chances of saving Greece from financial meltdown and sovereign default. (more…)