Nick Clegg: Europe 'needs a vision of its own future'

Deputy Prime Minister Nick Clegg said in an article in German paper Der Spiegel that European leaders must work together with a common economic purpose and resist "vested interests in the national economy" in order to deliver a more integrated single market.

He said:

What we should be doing in the EU as a whole is more economic integration in the single market, rather than less.

He stressed the need for political leaders need to "set out a vision" so that confidence in the European project can return.

If the euro zone doesn't come up with a comprehensive vision of its own future, you'll have a whole range of nationalist, xenophobic and extreme movements increasing across the European Union.