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Euro Financial Summit 9 December 2011
On 9th December, 2011 there will be a Summit Meeting of the top politicians of the 27 nations who are members of the European Union. The Summit is crucial in an attempt to solve the financial problems of the Eurozone where indebtedness problems in the peripheral economies have undermined the economic health of the central European nations. The weak economies of Greece, Italy, Spain, Ireland and Portugal have a total indebtedness which the strong economies like Germany would have great difficulty in honouring were insolvency to become a reality. Clearly, this would be most damaging to the sound economies of the Eurozone. This numbers 17 countries out of the constituent 27 of the European Union. The political process is incredibly slow when fast financial decisions are needed. Clearly, the differing financial situations of the various euro-countries create immense problems for the stability of Europe. Germany, in particular, is very protective of its healthy financial situation and is unwilling to finance the weakness of other European nations who have less sound economies.
The astrology of the summit looks bleak. The first international trading of the Euro took place on January, 4th. 1999 at 8 AM BST. Set for Frankfurt this gives Capricorn 5-35 rising with the Sun at Capricorn 13-28. The first piece of dubious news is that Transiting Pluto as at the date of the Summit is at Capricorn 6-31 which is closely conjunct the Eurozone ascendant. The second piece of bad news is that Transiting Saturn is now at Libra 26-29 which is opposite the Eurozone Saturn at Aries 26-48. Saturn always brings tests and clearly the failure of the Eurozone to effectively manage its financial affairs during the last thirteen years will now result in extremely difficult circumstances if not outright failure. The position is further aggravated by the fact that in the Secondary Progressions the position of the Sun has moved to Capricorn 26-38 which is in square to both Saturn by transit and in the Euro inception chart. Also, Progressed Mars at Libra 26-02 now opposes the same Saturn.
Meanwhile, Uranus by transit gains strength by ceasing retrograde motion and moving direct on 10th December the day after the Summit. This will predispose to individualism and rebellion. Moreover, Uranus then marches forward to form a square with Transiting Pluto which is exact in June, 2012 precisely when the Progressed Moon of the Euro inception chart forms a conjunction with the Progressed Sun. Uranus in collision with Pluto suggests a collision of ideology concerning indebtedness and struggles between power blocks and the rights of individual countries and the conjunction of Progressed Sun and Moon heralds endings and beginnings and further disruption. Progressed Chiron at Sagittarius 0-59 will be eclipsed just before June, 2012 at Gemini 0-22, further suggesting wounding and death a matter made disastrously worse by the Transit of Sedna at Taurus 22 in square to the Eurozone Nodal Axis. Taurus and Scorpio signify matters to do with finance and indebtedness and Sedna in difficult aspect signifies sacrifice and loss. Therefore, the outlook for the Eurozone is not good, not good at all!RM
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