Media playback is unsupported on your device

What did emergency eurozone summit achieve?

Exactly a year ago Europe's leaders came together in Brussels for an emergency summit aimed at solving the Eurozone crisis once and for all.

With banks at risk and Greece about to go bust, the president of the European Council said the economic climate "threatened the stability of the eurozone as a whole".

However, it is the austerity drive and deepening business recession which are currently posing greater challenges, as Nigel Cassidy reports.

  • 26 Oct 2012
Go to next video: EU summit agreement reached