The World from Berlin 'The Common Currency Endgame Has Begun'

Greece has backed away from holding a referendum on the euro bailout package. This week's tumult, however, shows that Europe is still far away from solving the euro crisis. German editorialists on Friday warn that the worst-case scenario may arrive sooner rather than later.
Protesters raise their hands at a demonstration against austerity measures in Athens.

Protesters raise their hands at a demonstration against austerity measures in Athens.

Foto: PASCAL ROSSIGNOL/ REUTERS
-- Daryl Lindsey