Euro Deal Born, But Crisis Far from Over

(CNN) -- Wednesday night's European summit was, well, a very European summit. It lasted forever, included several dramatic moments, ended in the wee hours of the morning and delivered a highly complex result. Yet, the questions that Americans might now ask are quite simple: Has this leaders' conclave succeeded in stopping the spread of the "contagion" from the eurozone's sovereign debt crisis? Will the European financial disease reach America's shores and affect local jobs and livelihoods? The answer may seem somewhat paradoxical: While the Europeans have made strides to beat the virus, this crisis is anything but over.