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Tony Blair: Geithner's 'Got a Point' on Europe Causing Slowdown Tony Blair: Geithner's 'Got a Point' on Europe Causing Slowdown

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Senate Race Election Results / NATIONAL SECURITY

Tony Blair: Geithner's 'Got a Point' on Europe Causing Slowdown

April 19, 2012

Former British Prime Minister Tony Blair said on Thursday he agrees with Treasury Secretary Timothy Geithner that economic crises in Europe hurt growth in the U.S.

"He's got a point," Blair told Fox News' Fox & Friends. "Everyone’s in a global economy today. If Europe goes bad, then it will affect you, it’ll affect us. The U.K is not in the single currency, but if there is a chill wind blowing through the single currency area, it immediately impacts on us. So we've got to hope that the European economy sorts itself out, that the changes that they make are changes that will save the single currency and then we can move forward. But at the moment, it's still very shaky."

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