Clegg: 'Austerity alone will not create growth'

Deputy Prime Minister Nick Clegg said that "austerity alone will not create growth in countries struggling in the eurozone", during a press conference with the German Foreign Minister in Berlin.

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Clegg's Greek pledge hopes

Nick Clegg has said he hopes Greece "chooses to stay in the eurozone and stick to agreements they signed up to." The German foreign minister has repeated his opposition to eurobonds to help struggling fellow member states.