September 21, 2011 / 9:32 PM / 8 years ago

Greece could trigger global banking crisis -Canada

OTTAWA, Sept 21 (Reuters) - A global banking crisis will erupt unless Europe properly deals with Greece’s debt problems, Canadian Finance Minister Jim Flaherty said on Wednesday.

“Europe has to pick a lane here. They’ve got to deal with that issue respecting Greece. Otherwise the markets will get ahead, we will have some sort of a crisis, it will become a banking crisis, it will affect banks all around the world,” he told the Canadian Broadcasting Corp. (Reporting by David Ljunggren; editing by Peter Galloway)

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