European Leaders Joust Ahead Of The G20

07:53

November 02, 2011

Greek Prime Minister George Papandreou says his country will hold a referendum on a new European debt deal reached last week, leading other European leaders to lash out at him. (AP)

Greek Prime Minister George Papandreou is trying to win over irate European leaders today, after persuading his cabinet to back a hugely-controversial referendum on the debt-crippled country's latest rescue package.

Papandreou is expected to face a grilling from German Chancellor Angela Merkel and French President Nicolas Sarkozy among others in Cannes in the French Riviera, ahead of the Group of 20 summit.

Meantime, Merkel is being praised for standing up to the banks, and French President Nicolas Sarkozy is telling British Prime Minister David Cameron to "shut up."

Guest:

Andrew Walker, BBC

This segment aired on November 2, 2011.