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19 May 2012 at 23:14 GMT BBC



US President Barack Obama has said there is an "emerging consensus" that European countries must now focus on jobs and growth.

Speaking after the G8 summit of some of the world's leading economies, he said the US is confident that Europe can meet its challenges.

President Obama said leaders had made good progress on a range of issues.

In addition the eurozone crisis, they discussed Iran, Afghanistan and global energy supply.

The leaders of France, Germany, the US, the UK, Italy, Japan, Canada and Russia met at Camp David in the US state of Maryland.

In an earlier communique, G8 leaders committed themselves to promoting growth alongside fiscal responsibility and affirmed that
they wanted Greece to stay in the eurozone.

Energy worries

Leaders attending the summit addressed a number of issues, including energy security, climate change and the situation in Iran,
Afghanistan and North Korea.

There was discussion of a broad release of national oil reserves to steady shaky energy markets when tough new sanctions on
Iran's oil exports kick in.

President Obama also announced that they had formed a new alliance to focus on food security with African leaders and the
private sector.

The focus, however, remained on the crisis in the eurozone.

View Obama's Press Conference Here: http://youtu.be/l8O12bbMhbU