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GreekReporter.comCanadaCanadian PM Heads for G20 Summit Dominated by Greek Crisis

Canadian PM Heads for G20 Summit Dominated by Greek Crisis

Prime Minister Stephen Harper will board an aircraft bound for Cannes, France and a critical meeting of G20 leaders.

The primary issue at the upcoming meetings will be the financial turmoil in Greece and its tentative plan to hold a referendum on a European bailout.

Finance Minister Jim Flaherty warned on Tuesday that the Greek decision to hold a referendum places the global economic recovery in peril.

”What affects Europe, affects the United States, affects Canada … this kind of turmoil in Europe is not good for anyone around the world,” he said.

Greece’s prime minister held firm early Wednesday to his shock decision to call for a referendum despite.

George Papandreou’s government still faces a battle for survival, with a vote of confidence scheduled for Friday and a grilling from frustrated leaders expected later in the day ahead of the G20 Summit.

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