The World from Berlin Greek Exit From Euro Zone Just a 'Matter of Time'

Last week, it looked as though the euro had been saved. Now, in the wake of Greek Prime Minister Papandreou's announcement of a national referendum on the bailout package for his country, the common currency is even closer to the abyss. Still, say German commentators, it may have been the right move.
Greece will soon hold a referendum that could determine the fate of the European common currency.

Greece will soon hold a referendum that could determine the fate of the European common currency.

YANNIS BEHRAKIS/ REUTERS
Photo Gallery: Protesting the G-20
JIM WATSON/ AFP

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Photo Gallery: Protesting the G-20

-- Charles Hawley and Kristen Allen