European leaders meet in Brussels on Thursday for the start of a two day summit in what many are hoping will be a turning point for resolving the euro zone crisis. Expectations are high that a deal can be brokered by Germany and France to overhaul economic rules and create confidence in the beleaguered currency. Treasury Secretary Timothy Geithner met with European officials earlier this week, a sign of American interest in reaching a resolution. But some economists and politicians are beginning to question whether, from the U.S. perspective, the euro is really worth saving. Joining The Takeaway to discuss the EU summit, and question the importance of saving the euro, is Megan McArdle, senior editor for The Atlantic. She says what happens to the euro could have a major impact on the U.S. economy. Steven Erlanger,Paris bureau chief for The New York Times, reports on the latest from Brussels.
The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?