Ed Balls on Labour view of eurozone problems

Ed Balls said the eurozone problems were the "biggest political crisis of our lifetime" as he was quizzed over what Labour would do if it was in charge.

The shadow chancellor called for a "more balanced plan" and claimed moving to bring in austerity plans and cut quickly in Greece was not working.

But Andrew Neil said Mr Balls was a lone voice and his ideas were not being backed in other European countries.

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