It is quite funny and very strange that men with shepherd staffs  living in mountains.

Have caused and continue to cause havoc to Countries that do not have shepherd staffs but have…..

This irony of powerless men defeating powerful men is proof that it is a well planned war of domination that benefits both parties ..the Islamic Elite and Western Elite who both  love war and use religion and Just War Doctrines to shed blood and pillage lands.Come Lord Jesus and save us from this evil.

@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

SARKOZY FINALLY SAYS THE NWO “TRUTH”…  EUROPE IS ABOUT THE EURO, IT IS NOT ABOUT THE NATIONALITIES

..NO EURO, NO EUROPE

(THE EU NWO has nothing to do about the people but everything to about the elite and banks and Antichrist One World Government.It is  government of the elite by the elite against the people.)

In response to the fragile state Greece is , President Nicolas Sarkozy pleaded with the European Elite to support Greece no matter what because the Euro zone depends on stabilizing the Euro.Yet the Greeks do not care about the Euro they care about their livelihoods.

Sorry for the people of Europe, this is the new World Order and when you hear their puppets such as Sarkozy say that they will do anything to defend the Euro , they are telling you that the Nations are dead and the the one world govt is here.For with his own mouth he said that national quarrels should not jeopardize the European Economy.

To him the cries of the people are nothing but quarrels? God have mercy.

Arthur Owiti

@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

Sarkozy Urges Greek Compromise 

http://online.wsj.com/article/SB10001424052702304186404576389192003942476.html

By SEBASTIAN MOFFETT And DAVID GAUTHIER-VILLARS

PARIS—France’s President Nicolas Sarkozy urged European Union leaders to find a compromise on Greece’s debt crisis amid concerns that further squabbling over the issue could harm the credibility of the euro area.

On the eve of a planned tête-à-tête lunch with German Chancellor Angela Merkel for crisis talks on the euro, Mr. Sarkozy said the priority should be to protect the common currency, which has been called into question because of Greece’s heavy debt burden.

sarkozy0616

Philippe Wojazer/Agence France-Presse/Getty ImagesFrance’s President Nicolas Sarkozy delivered his speech at the French Farmers union conference in Paris on Thursday.

“I call on everyone to show the necessary spirit of responsibility and sense of compromise, on which Europe has been built,” Mr. Sarkozy said in a speech at a farmers’ conference in Paris. “We must defend out common currency and defend our European institutions.”

For weeks, Germany and the European Central Bank have been at loggerheads on how to restructure Greece’s debt. Ms. Merkel has made clear that she wants private holders of Greek debt to help shoulder part of the cost of any debt restructuring by agreeing to delay their right to repayment by up to seven years.

The ECB is worried that such a solution would cause investor panic by sending a shockwave equivalent to that of the September 2008 collapse of U.S. bank Lehman Brothers. Instead, the ECB has said it would favor a softer arrangement under which private investors would commit to buying newly issued Greek bonds when the ones they have in hand come due.

In this rare public dispute pitting Berlin against the ECB, France has sided with the central bank, saying that Germany’s proposed solution would likely be regarded as a default by credit rating agencies, which would shake the whole euro zone.

Mr. Sarkozy has so far failed to convince Ms. Merkel to tone down her demands that private investors, and not just EU taxpayers, suffer from the consequences of any Greek debt restructuring.

When they meet on Friday, Ms. Merkel is unlikely to back down and side with Mr. Sarkozy’s view, since she faces a struggle to win parliamentary acceptance for a new Greek bailout if bondholders are let off the hook.

Following the leaders’ meeting in Berlin, EU finance ministers are expected to make another attempt to reach a compromise on how to involve Greece’s bondholders in a new aid package when they meet in Luxembourg on Sunday and Monday.

The continued uncertainty pushed French banks’ share prices lower on Thursday again—having already fallen on Wednesday after Moody’s Investors Service warned it may downgrade BNP Paribas SA, Société Générale SA and Crédit Agricole SA because of their high exposure to Greece.

All three banks have said recently that an eventual restructuring of Greek sovereign debt would be manageable, and analysts say they would suffer only small declines in the capital ratios used to measure their financial strength.

—Marcus Walker and Elena Berton contributed to this article.

Advertisements