President Obama
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G20 summit: US 'encouraged' by eurozone plans

20 June 2012 Last updated at 07:12 BST

US President Barack Obama has said he is encouraged by European leaders' plans to tackle the eurozone crisis, as the G20 summit in Mexico ends.

In a final communique, world leaders said they would take "all necessary measures" to protect the euro area.

The talks were being held as Greece seeks to form a coalition government and Spain's borrowing costs soared.

Bridget Kendall reports.