This is a striking claim given that David Cameron has not publicly said that he would accept this. If the Deputy Prime Minister's summary of the coalition position is accurate, then Cameron will face criticism from eurosceptics that he is backsliding on his veto.
But for all Clegg's criticism of Cameron handling off the summit, he remains unconvinced by the plans that the eurozone plus countries are now pursuing. He says:
'There are very big question marks about how to stop contagion; clearly the markets have got great doubts they are just as bad now as before the summit.'