In the News:
The European Commission, the European Central Bank and the International Monetary Fund agreed last week on the release of long-delayed emergency loans, after seven months of negotiations. The next bailout tranche is due to be released "well before" Greece faces a large bond redemption in May, an EU official said in Brussels on Thursday. Eurogroup finance ministers are expected to discuss Greece's latest reform pledges when they meet in Athens next week, with a view to formally concluding the agreement by the second half of April. The eurozone's rescue fund still has 10.1 billion euros (13.8 billion dollars) available for Greece. Greece has been granted 240 billion euros in bailout loans since 2010. In exchange, it is required to cut public spending and implement economic reforms. -
Prayer points:
- Europeans are very concerned about the failure of the economy in Greece. Let us pray that solutions for Greece will be released from heaven.
- God has an answer to crises in nations. Let us pray that godly wisdom be welcomed by policy leaders. Lord, we call forth the Solomon’s of this age, whom You anointed for this time to bring Your solution into the chaos.
- When will Greeks look to You for help? How much pain does it take to humble a nation? Lord, we ask for a paradigm shift in Greece that awakens Greeks and brings them to Your table to cry for mercy.
Wealth gained by dishonesty will be diminished, But he who gathers by labor will increase
…the sovereign debt crisis in Greece has caused many to question the government support and tax breaks given to the Greek Orthodox Church. Some 100,000 people have joined a Greek Facebook page, "Tax the Church." Church finances, tax payments and assets lack transparency. However campaigners claim that [the] Greek Orthodox Church owns more land than any entity other than the state and owns 1.5% of the National Bank of Greece. The government spends 268 million Euros each year paying the salaries of 9,000 priests as well as pensions for retired clergy. The Church says it paid 1.3 million Euros in taxes last year. The Church says payments of priests' salaries are justified by the fact that the Church handed over 96% of the property it owned to the state when Greece became independent of the Ottoman Empire in 1821. Also several ministry buildings, universities and hospitals in Athens are on church property that is leased to the state for a nominal amount.
Prayer points:
2) This church/state union reveals the corruption in the church. Let us pray against this unholy union. The church cannot speak against sin in government if they are part of the government. Lord awaken your remnant in the Orthodox Church and give them boldness to speak out against this perverted gospel their church is promoting.
3) Lord, we ask that You would send the true Gospel of redemption across Greece. Raise up evangelist who will boldly proclaim the pure Word of God.
4) Let us pray that Greeks would wake up to the fact that Jesus saves, and not a religious system bound by tradition.
5) Let us pray for the Greek Orthodox Church. Lord, we ask for an invasion of the Holy Spirit. Lord, let mercy triumph over judgment!
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